Arrow-right Camera
The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
Partly Cloudy Day 64° Partly Cloudy
News >  Business

Long-term mortgage rates unchanged: 30-year at 3.83 percent

This Wednesday, Sept. 6, 2017, photo shows a “For Sale” sign in the front yard of a home in Raeford, N.C. (Swayne B. Hall / Associated Press)
This Wednesday, Sept. 6, 2017, photo shows a “For Sale” sign in the front yard of a home in Raeford, N.C. (Swayne B. Hall / Associated Press)
Associated Press

WASHINGTON – Long-term mortgage rates are unchanged this week: The 30-year fixed-rate mortgage remained at 3.83 percent; the 15-year home loan, popular among homeowners who refinance their mortgages, stayed at 3.13 percent, mortgage buyer Freddie Mac says.

Rates on long-term home loans typically track the yield on 10-year Treasury notes, which barely budged this week.

Two weeks ago, the 30-year mortgage hit a low for the year before bouncing back up last week. So far this year, the 30-year rate is running above last year’s average of 3.65 percent.

Freddie Mac says the rate on adjustable five-year mortgages blipped up to 3.20 percent from 3.17 percent.

The Spokesman-Review Newspaper

Local journalism is essential.

Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.

Active Person

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.