Average U.S. rates on fixed mortgages declined last week, edging closer to historically low levels.
Here's a look at rates for fixed and adjustable mortgages this week and over the past year:
| Current avg. | Last week | 52-week high | 52-week low | |
| 30-year fixed | 4.32 | 4.37 | 4.58 | 3.35 |
| 15-year fixed | 3.32 | 3.38 | 3.60 | 2.56 |
| 5-year adjustable | 3.02 | 3.09 | 3.28 | 2.56 |
| 1-year adjustable | 2.49 | 2.48 | 2.71 | 2.48 |
| All values in percentage points | ||||
| Source: Freddie Mac Primary Mortgage Market Survey |
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US average rate on 30-year home loan 4.32 percent
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