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