US rate on 30-year mortgage dips to 4.29 percent

Average US mortgage rates this week and for the past year, at a glance

The Associated Press

Average U.S. rates on fixed mortgages fell this week after last week's surge. The declines could prompt homebuyers to act quickly before rates rise further.

Here's a look at rates for fixed and adjustable mortgages this week and over the past year:

Current avg.

Last week

52-week high

52-week low

30-year fixed

4.29

4.46

4.46

3.31

15-year fixed

3.39

3.50

3.50

2.56

5-year adjustable

3.10

3.08

3.10

2.56

1-year adjustable

2.66

2.66

2.71

2.52

All values in percentage points

Source: Freddie Mac Primary Mortgage Market Survey