Mortgage rates are higher than they were, but they are down from last week. The average 30-year-fixed rate mortgage is 3.93 percent according to Freddie Mac, the company that buys mortgage loans. It’s still consider a good rate although at this time last year it was about 3.66 percent

The 15-year-fixed-rate mortgage is about 3.04 percent. A year ago it was 2.95 percent.

Adjustable rate mortgages are lower but much riskier.

If you are in the market to buy a home watch our video and read our free guide Mortgage Fees