30-YEAR LOAN RATE STEADY: The average U.S. rate on the 30-year fixed mortgage held steady this week and remained slightly above the lowest level on record.[Click here to find mortgage rates in your area.]
THE NUMBERS: The rate on the 30-year loan stayed at 3.55 percent, mortgage buyer Freddie Mac said. That's above the record low 3.49 percent reached in late July. The rate on the 15-year mortgage slipped to 2.85 percent from 2.86 percent last week.
OUTLOOK: Low mortgage rates have aided a modest housing recovery this year. Home sales are well above last year's levels and home prices are increasing more consistently.
- Freddie Mac