Mortgage rates tick up slightly
Freddie Mac today released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates climbing a little from last week following positive news for housing starts and building permits.
According to Freddie Mac, 30-year fixed-rate mortgage rates averaged 4.47% with an average 0.7 point for the week ending Dec. 19.
That's up from last week's 4.42%.
The 30-year fixed averaged 3.37% a year ago.
The 15-year fixed rate hit 3.51% with an average 0.6 point, up from 3.43% last week.