Freddie Mac: Mortgage rates climbFreddie Mac: Mortgage rates climbhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=152192016-11-15T06:00:00Z2016-11-15T17:00:00Z​​​​McLEAN, VA – The results of Freddie Mac's latest Primary Mortgage Market Survey show average fixed mortgage rates moving higher.

Thirty-year fixed-rate mortgages ​(FRM) averaged 3.57 percent with an average 0.5 point for the week ending Nov. 10, 2016, up from the previous week when it averaged 3.54 percent. A year ago at this time, the 30-year FRM averaged 3.98 percent.

​​​​The 15-year FRM averaged 2.88 percent with an average 0.5 point, up from 2.84 percent the week before. A year ago, it averaged 3.2 percent. 

Meanwhile, the five-year, Treasury-indexed, hybrid, adjustable-rate mortgage (ARM) averaged 2.88 percent with an average 0.4 point, up from the previous week's 2.87 percent. A year ago, it averaged 3.03 percent.
Freddie Mac
http://freddiemac.mwnewsroom.com/press-releases/mortgage-rates-climb-higher-otcqb-fmcc-1285430Read more at {Source}

 Search NewsTalk Texas