Green Touch Builders | Mortgage rates little changed
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April 16, 2015 By SEO Admin

Mortgage rates little changed

Long-term borrowing costs show little sign of movement, with the average rate on a 30-year mortgage up only slightly this week.

Freddie Mac (OTC: FMCC) says a 30-year fixed-rate mortgage averaged 3.67 percent in the week ending April 16, up from 3.66 percent last week. A year ago, 30-year rates averaged 4.27 percent.

A 15-year fix averaged 2.94 percent this week, up from 2.93 percent. A one-year adjustable-rate mortgage averaged 2.46 percent, up from 2.44 percent.

The Commerce Department Thursday…