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U.S. fixed mortgage rates remain almost flat

English.news.cn   2014-01-10 05:55:24            

WASHINGTON, Jan. 9 (Xinhua) -- U.S. fixed mortgage rates stayed nearly unchanged as few economic data came in, according to a report released Thursday by Freddie Mac.

The 30-year fixed-rate mortgage (FRM) declined to 4.51 percent in the week ending Thursday from 4.53 percent in the previous week, said the U.S. mortgage giant in its Primary Mortgage Market Survey.

The 15-year FRM, a popular guide for those looking to refinance, edged up to 3.56 percent this week from 3.55 percent in the prior week, the report said.

The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) increased to 3.15 percent, and the one-year Treasury-indexed ARM kept unchanged at 2.56 percent.

"Mortgage rates were little changed amid a week of light economic reports," said Freddie Mac's chief economist Frank Nothaft in a statement.

Editor: Mengjie
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