Mortgage rates were unchanged this week, according to the latest data released by Freddie Mac.
The 15-year fixed-rate average was unchanged at 2.66 percent with an average 0.7 point. A year ago, it was 3.17 percent. It has not been above 3 percent since May 24.
The 30-year fixed-rate average edged down to 3.38 percent with an average 0.7 point. It was 3.40 percent a week ago and 3.88 percent a year ago. The 30-year fixed rate has remained below 3.5 percent the past 17 weeks. The all-time low was 3.31 percent set Nov. 21.
"Mortgage rates were flat to down a little this week amid reports that inflation remains contained," Frank E. Nothaft, Freddie Mac vice president and chief economist, said in a statement.
"The overall producer price index rose 0.1 percent between November and December, below the market consensus forecast, and the consumer price index was unchanged. For the year as a whole, consumer prices rose just 1.7 percent in 2012, almost half that of 2011's increase of 3 percent."
Freddie Mac, based in McLean, Va., asks mortgage lenders early each week about the terms they are offering to borrowers with good credit and 20% down payments, or 20% home equity if they are refinancing.
