Mortgage rates edge up this week but remain below the year-to-date average

[Housing market interest rate concept]
J Studios/DigitalVision via Getty Images

Mortgage rates inched up this week, but remained well below the year-to-date average, the latest Freddie Mac (FMCC [https://seekingalpha.com/symbol/FMCC]) Primary Mortgage Survey showed [https://seekingalpha.com/pr/20337286-mortgage-rates-remain-near-2025-lows].

30-year fixed-rate mortgages averaged 6.22% as of December 11, up from 6.19% last week and down from 6.60% in the same period a year ago.

15-year fixed-rate mortgages averaged 5.54%, compared to 5.44% a week ago and 5.84% last year.

"The average 30-year fixed-rate mortgage is well below the year-to-date average of 6.62%, providing some sense of balance to the housing market," said Sam Khater, Freddie Mac's chief economist.

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