May 28, 12:24 PM EDT

US average rate on 30-year home loans rises to 3.87 percent


Latest News
US average rate on 30-year home loans rises to 3.87 percent

Average US rate on 30-year mortgage rises to 3.87 pct.

Buy AP Photo Reprints

Average U.S. long-term rates rose this week to their highest level so far this year as new data showed strength in the housing market.
Here's a look at rates for fixed- and adjustable-rate mortgages this week and over the past year:
Current avg. Last week 52-week high 52-week low
30-year fixed 3.87 percent 3.84 percent 4.23 percent 3.59 percent
15-year fixed 3.11 percent 3.05 percent 3.37 percent 2.92 percent
5-year adjustable 2.90 percent 2.88 percent 3.08 percent 2.82 percent
1-year adjustable 2.50 percent 2.51 percent 2.51 percent 2.35 percent

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.