Dec 7, 11:05 AM EST

US mortgage rates rise this week as Fed nears rate hike


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US mortgage rates rise this week as Fed nears rate hike

US mortgage rates rise, though remain historically low

WASHINGTON (AP) --

WASHINGTON (AP) - U.S. mortgage rates rose this week as the economy showed signs of strength, which makes it more likely that the Federal Reserve will raise its short-term rate next week.
This weekLast weekYear ago
30-year fixed3.943.94.13
15-year fixed3.363.33.36
5-year adjustable3.353.323.17

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