Thirty-year fixed mortgage rate rises to 3.83 percent - WFMJ.com News weather sports for Youngstown-Warren Ohio

Thirty-year fixed mortgage rate rises to 3.83 percent

Posted: Updated:
  • NationalMore>>

  • People donate millions to help separated families

    People donate millions to help separated families

    Saturday, June 23 2018 12:35 AM EDT2018-06-23 04:35:42 GMT
    (Ken Blevins/The Star-News via AP). Amanda and Leighlou Reece hold up a protest sign as hundreds of Wilmington residents protest the Trump Administration's family separation policies during a Keep Families Together Rally outside of Rep. David Rouzer's ...(Ken Blevins/The Star-News via AP). Amanda and Leighlou Reece hold up a protest sign as hundreds of Wilmington residents protest the Trump Administration's family separation policies during a Keep Families Together Rally outside of Rep. David Rouzer's ...
    In an outpouring of concern prompted by images and audio of children crying for their parents, hundreds of thousands of people worldwide are donating to nonprofit organizations to help families separated at the...More >>
    In an outpouring of concern prompted by images and audio of children crying for their parents, hundreds of thousands of people worldwide are donating to nonprofit organizations to help families separated at the Mexico border.More >>
  • Trump's immigration order sparks confusion, deep concern

    Trump's immigration order sparks confusion, deep concern

    Saturday, June 23 2018 12:35 AM EDT2018-06-23 04:35:04 GMT
    (AP Photo/Pablo Martinez Monsivais). President Donald Trump, center, listens to Vice President Mike Pence, right, address members of the media before signing an executive order to end family separations at the border, during an event in the Oval Office...(AP Photo/Pablo Martinez Monsivais). President Donald Trump, center, listens to Vice President Mike Pence, right, address members of the media before signing an executive order to end family separations at the border, during an event in the Oval Office...
    President Trump's executive order aimed at halting the breakup of immigrant families sparked widespread confusion Wednesday about how the reversal will play out and concern that children will still be in detention,...More >>
    President Trump's executive order aimed at halting the breakup of immigrant families sparked widespread confusion Wednesday about how the reversal will play out and concern that children will still be in detention, even if they remain with their families.More >>
  • OPEC enters meeting that could set direction of oil prices

    OPEC enters meeting that could set direction of oil prices

    Saturday, June 23 2018 12:34 AM EDT2018-06-23 04:34:40 GMT
    (AP Photo/Hussein Malla, File). FILE - In this April 6, 2018 file photo, a former farmer works at a primitive refinery as he makes crude oil into diesel and other products, in Rmeilan, Hassakeh province, Syria. Ministers from the Organization of the Pe...(AP Photo/Hussein Malla, File). FILE - In this April 6, 2018 file photo, a former farmer works at a primitive refinery as he makes crude oil into diesel and other products, in Rmeilan, Hassakeh province, Syria. Ministers from the Organization of the Pe...
    OPEC and Russia are expected to approve raising oil production, but just how much is up in the air.More >>
    OPEC and Russia are expected to approve raising oil production, but just how much is up in the air.More >>

By PAUL WISEMAN
AP Economics Writer

WASHINGTON (AP) - Long-term mortgage rates rose this week, lifting the 30-year fixed mortgage from the lowest levels of 2017.

Mortgage buyer Freddie Mac said Thursday the 30-year fixed mortgage rate was 3.83 percent, up from 3.78 percent last week and above last year's average of 3.65 percent. The 15-year fixed rate, popular with homeowners who are refinancing their mortgages, rose to 3.13 percent from 3.08 percent last week.

Rates on long-term home loans typically track the yield on 10-year Treasury notes, which moved higher this week.

Rates on adjustable five-year mortgages rose to 3.17 percent from 3.13 percent last week.

To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn't include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount.

The average fee for a 30-year mortgage was unchanged at 0.5 point. The fee on 15-year home loans also remained at 0.5 point. The fee on an adjustable five-year mortgage was unchanged at 0.4 point.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comHot ClicksMore>>

  • Science Says: What makes something truly addictive

    Science Says: What makes something truly addictive

    Saturday, June 23 2018 12:30 AM EDT2018-06-23 04:30:11 GMT
    (AP Photo/Ahn Young-joon). FILE - In this Wednesday, Dec. 11, 2013 file photo, a college student plays a computer game at an Internet cafe in Seoul, South Korea. On Monday, 18, 2018, the World Health Organization said that compulsively playing video ga...(AP Photo/Ahn Young-joon). FILE - In this Wednesday, Dec. 11, 2013 file photo, a college student plays a computer game at an Internet cafe in Seoul, South Korea. On Monday, 18, 2018, the World Health Organization said that compulsively playing video ga...
    Video game "addiction" decision renews debate over whether behaviors can cause same kind of illness as drugs.More >>
    Video game "addiction" decision renews debate over whether behaviors can cause same kind of illness as drugs.More >>
  • The Mouse chases the Fox: Disney makes $71B counteroffer

    The Mouse chases the Fox: Disney makes $71B counteroffer

    Saturday, June 23 2018 12:25 AM EDT2018-06-23 04:25:28 GMT
    The competition for Fox is heating up, as Disney is boosting its offer for the company to $70.3 billion.More >>
    The competition for Fox is heating up, as Disney is boosting its offer for the company to $70.3 billion.More >>
  • PayPal move blocks sales of school shooting video game

    PayPal move blocks sales of school shooting video game

    Saturday, June 23 2018 12:25 AM EDT2018-06-23 04:25:00 GMT
    (YouTube via AP, File). FILE - This file screen shot taken from YouTube shows a still frame from the video game "Active Shooter." Acid Software, the developer of the school shooting video game condemned by parents of slain children, has lost the abilit...(YouTube via AP, File). FILE - This file screen shot taken from YouTube shows a still frame from the video game "Active Shooter." Acid Software, the developer of the school shooting video game condemned by parents of slain children, has lost the abilit...
    The developer of a school shooting video game condemned by parents of slain children has lost the ability to sell the game online after being dumped by PayPal.More >>
    The developer of a school shooting video game condemned by parents of slain children has lost the ability to sell the game online after being dumped by PayPal.More >>
  • More NewsMore>>

  • North Jackson woman killed in traffic accident

    North Jackson woman killed in traffic accident

    Friday, June 22 2018 11:22 PM EDT2018-06-23 03:22:44 GMT

    A two-car accident took place in North Jackson around 6 p.m. on Friday. According to officials, one car failed to yield and struck a truck. The truck then rolled over into a ditch, and then into a field on it's top. One person is reported by police to have non-life-threatening injuries. The intersection of Blott and Rosemont is currently closed. Officers say it will hopefully be open by 9 p.m.  

    More >>

    A two-car accident took place in North Jackson around 6 p.m. on Friday. According to officials, one car failed to yield and struck a truck. The truck then rolled over into a ditch, and then into a field on it's top. One person is reported by police to have non-life-threatening injuries. The intersection of Blott and Rosemont is currently closed. Officers say it will hopefully be open by 9 p.m.  

    More >>
  • Person of interest detained in Howland shooting

    Person of interest detained in Howland shooting

    Friday, June 22 2018 11:12 PM EDT2018-06-23 03:12:10 GMT

    A person of interest in a Howland shooting Friday evening is detained and the perimeter that officers set up to search the area near Giant Eagle and Howland High School has been taken down.

    More >>

    A person of interest in a Howland shooting Friday evening is detained and the perimeter that officers set up to search the area near Giant Eagle and Howland High School has been taken down.

    More >>
  • Police say drivers should prepare for traffic

    Extra patrols planned for Route 224 Super Nats parade, party

    Extra patrols planned for Route 224 Super Nats parade, party

    Friday, June 22 2018 10:57 PM EDT2018-06-23 02:57:43 GMT

    If your driving plans include Route 224 in Canfield and Boardman any night this weekend, plan on seeing more police and state troopers. 

    More >>

    If your driving plans include Route 224 in Canfield and Boardman any night this weekend, plan on seeing more police and state troopers. 

    More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms