Mortgage rates edged up slightly over the past week, Freddie Mac said in its weekly market survey.
The government-sponsored enterprise said that the average interest rates on 30-year mortgages increased 4 basis points, to 3.93%. Rates on 15-year fixed loans rose 10 basis points, to 3.2%.
Five-year, Treasury-indexed mortgages climbed 4 basis points, to 2.98%. Rates on one-year adjustable-rate mortgages dipped slightly, falling one basis point, to 2.4%.
"Fixed mortgage
"The rate rise comes on the heels of an uplifting jobs report showing nonfarm payrolls adding 321,000 new jobs in November — 91,000 more jobs than expected."