The mortgage company Freddie Mac has said that this week the average rate on a 30-year fixed-rate mortgage was 5.29%, which has been raised up from 5.22% that we have observed last week.
The average rate on a 15-year fixed-rate mortgage was 4.68%, which has been increased from 4.63%.
Five-year adjustable-rate mortgages averaged 4.75%, that has shown a rise from 4.73%.
There has been a drop in one-year adjustable-rate mortgages. The rates has been dropped from 4.78% to 4.72%.
The add-on fees that is also referred to as points are not included in the rates.
Moreover the nationwide fee averaged for 30- and 15-year fixed-rate mortgages, 0.7 of a point, for five-year adjustable-rate mortgages, 0.6 of a point and for one-year adjustable-rate mortgages, 0.4 of a point.