U.S. Mortgage Rates Show Little Change

MCLEAN, Va., Nov. 15 (UPI) -- U.S. mortgage rates, buffeted by mixed economic signals, were basically flat this week, the Freddie Mac market survey said Thursday.

The 30-year fixed rate mortgage averaged 6.24 percent with an average 0.4 points, unchanged from last week.

The 15-year FRM this week averaged 5.88 percent with an average 0.4 points, down from last week's 5.90 percent.

Five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 5.96 percent this week, with an average 0.4 points, up from last week's 5.89 percent.

One-year Treasury-indexed ARMs averaged 5.50 percent this week with an average 0.5 points, unchanged from last week.

Freddie Mac is a stockholder-owned corporation established by the U.S. Congress in 1970 to support homeownership and rental housing.