By Imani Moise

 

Average fixed mortgage rates in the U.S. fell slightly in the latest week, according to mortgage-finance company Freddie Mac.

For the week ended Thursday, the 30-year fixed-rate mortgage averaged 4.15%, compared with 4.17% a week earlier and 3.65% a year earlier. Rates on 15-year fixed-rate mortgages averaged 3.35% , compared with 3.39% the previous week and 2.95% a year earlier.

Five-year Treasury-indexed hybrid adjustable-rate mortgages, or ARMs, on average, were at 3.18% , compared with 3.21% the previous week and 2.85% a year earlier.

 

Write to Imani Moise at imani.moise@wsj.com

 

(END) Dow Jones Newswires

February 16, 2017 10:14 ET (15:14 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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