As expected, the central bank did not raise its benchmark rate when it met earlier this week. The news, however, came too late to influence Freddie Mac’s survey. The government-backed mortgage-backer aggregates current rates weekly from 125 lenders from across the country to come up with a national average mortgage rate.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average was unchanged this week at 4.19 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.72 percent a year ago.
The 15-year fixed-rate average inched up to 3.41 percent with an average 0.5 point. It was 3.4 percent a week ago and 3.01 percent a year ago. The five-year adjustable rate average ticked up slightly to 3.23 percent with an average 0.4 point. It was 3.2 percent a week ago and 2.85 percent a year ago.