KIRO Radio's Tom Kelly digs deep into the Puget Sound real estate market
Real Estate

Mortgage rates up a tick but still near record lows

Average rates on fixed-rate mortgages ticked up this week to just slightly above their record lows, keeping homebuying and refinancing attractive to consumers.

The numbers: Mortgage buyer Freddie Mac reported the average 30-year loan rate ticked up to 3.34 percent from 3.32 last week. That's slightly above the 3.31 percent reached two weeks ago, the lowest since 1971.

The average on the 15-year, fixed mortgage rose to 2.67 percent from 2.64 percent, just above to record low of 2.63 percent also reached two weeks ago

Top Stories

  • 50 Spots Lost
    Jason Rantz says it's easy to confuse PARKing Day as evidence of a 'War on Cars'

  • Something to Prove
    Danny O'Neil says the Broncos won't be the only team trying to recover from past defeat

  • Prost!
    10 people you can't escape at Oktoberfest
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Listen to the show
Hear Real Estate Today on KIRO Radio
Join Tom Kelly every Sunday at 9am on KIRO Radio to talk Puget Sound real estate.

Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.