Oct. 30--Average fixed mortgage rates moved higher this week, rebounding from the lowest rates of the year.
The average interest rate on a 30-year, fixed-rate mortgage was 3.98 percent. That compared with 3.92 percent last week and 4.10 percent in the same week a year ago.
On a 15-year-fixed rate mortgage, the average rate was 3.13 percent. That compared with 3.08 percent last week and 3.20 percent in the same week a year ago.
The survey was conducted largely before the Federal Reserve announced this week that it would end quantitative easing stimulus program it launched in 2008 after the economic meltdown.
crshropshire@tribune.com
Twitter: @corilyns
