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30-year-mortgage Rate Rises To 3.87%

The average rate for a 30-year fixed-rate mortgage rose to 3.87% in the week that ended Dec. 31 from the prior week's reading of 3.83%, according to a Wednesday report from federally controlled mortgage-buyer Freddie Mac.

Mortgage Rates End Year Near 2014 Lows

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing that while average fixed mortgage rates move slightly higher this week, the average 30-year fixed-rate mortgage ends …

How Cheaper Oil Affects Mortgage Rates

Falling oil prices typically lead to lower heating bills and cheaper fill-ups at the gasoline pump. Less obvious to the average consumer is the role cheaper oil is playing in driving down mortgage rates.