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US average rate on 30-year home loan 4.29 percent
Average US mortgage rates this week and for the past year, at a glance
By The Associated Press
Associated Press
2014-05-02 03:01 AM

Average U.S. rates on fixed mortgages declined slightly this week as the spring home-buying season has gotten off to a slow start.

Here's a look at rates for fixed and adjustable mortgages this week and over the past year:

Current avg.Last week52-week high52-week low
30-year fixed4.294.334.583.42
15-year fixed3.383.393.602.61
5-year adjustable3.053.033.282.58
1-year adjustable2.452.442.712.41
All values in percentage points
Source: Freddie Mac Primary Mortgage Market Survey
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