Average fixed mortgage rates slightly up from the last week, but with the average 30-year fixed-rate mortgage remaining below 4%.  

Freddie Macsays that 30-year fixed-rate mortgages averaged 3.93% with an average 0.5 point for the week ending Dec. 11, 2014, up from last week when it averaged 3.89%.

A year ago at this time, the 30-year FRM averaged 4.42%. 

“Fixed mortgage rates rebounded this week with the 30-year fixed mortgage rate increasing to 3.93% after declining for four weeks in a row,” said Frank Nothaft, vice president and chief economist, Freddie Mac. “The rate rise comes on the heels of an uplifting jobs reportshowing nonfarm payrolls adding 321,000 new jobs in November – 91,000 more jobs than expected. The unemployment rate remained unchanged at 5.8%.”

The 15-year FRM this week averaged 3.2% with an average 0.5 point, up from last week when it averaged 3.10 percent. A year ago at this time, the 15-year FRM averaged 3.43%. 

The 5-year Treasury-indexed hybrid adjustable-rate mortgageaveraged 2.98 percent this week with an average 0.5 point, up from last week when it averaged 2.94%. A year ago, the 5-year ARM averaged 2.94%.

The 1-year Treasury-indexed ARM averaged 2.4% this week with an average 0.4 point, down from last week when it averaged 2.41%. At this time last year, the 1-year ARM averaged 2.51%.