US Long-Term Mortgage Rates Rise; 30-Year Loan at 3.73%

US Long-Term Mortgage Rates Rise; 30-Year Loan at 3.73%
Home is offered for sale in Rutledge, Ga. On Dec. 12, Freddie Mac reports on this week's average U.S. mortgage rates. AP Photo/John Bazemore
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WASHINGTON—U.S. long-term mortgage rates rose this week. Still, rates remain at historically low levels as a lure to prospective homebuyers.

Mortgage buyer Freddie Mac says the average rate for a 30-year fixed-rate mortgage increased to 3.73 percent from 3.68 percent last week. The benchmark rate stood at 4.63 percent a year ago. The average rate on a 15-year mortgage rose to 3.19 percent from 3.14 percent.