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Jul 2, 3:34 PM EDT

US average rate on 30-year home loans rises to 4.08 percent


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US average rate on 30-year home loans rises to 4.08 percent

Average US rate on 30-year mortgage rises to 4.08 percent

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Average U.S. long-term mortgage rates rose this week, reaching high levels for the year.
Here's a look at rates for fixed- and adjustable-rate mortgages this week and over the past year:
Current avg. Last week 52-week high 52-week low
30-year fixed 4.08 percent 4.02 percent 4.23 percent 3.59 percent
15-year fixed 3.24 percent 3.21 percent 3.37 percent 2.92 percent
5-year adjustable 2.99 percent 2.98 percent 3.08 percent 2.82 percent
1-year adjustable 2.52 percent 2.50 percent 2.59 percent 2.35 percent

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