Mortgage rates inched upward in the last week according to a report from the Federal Home Loan Mortgage Corporation (Freddie Mac). 30-year fixed rate mortgages averaged 6.12% in Freddie Mac's latest report, which is barely an increase from 6.11% the week before.15-year fixed rate mortgages averaged 5.86%, up slightly from 5.84% last week.
Five-year adjustable rate mortgages remained unchanged at 5.92%, while one-year adjustables rose from 5.43% to 5.45%.
Here are the current average mortgage rates nationwide as provided by the Federal Home Loan Mortgage Corporation (Freddie Mac):
| Rates This Week | Last Week's Rate | |
| 30-year Fixed | 6.12% | 6.11% |
| 15-year Fixed | 5.86% | 5.84% |
| 5-year ARM | 5.92% | 5.92% |
| 1-year ARM | 5.43% | 5.45% |
Bob Roscoe, Mortgage Marketing Associates, Minneapolis, Minnesota
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