A glance at mortgage rates; 30-year rate falls to 3.45%

U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in global stock markets.

This week Last week Year ago

30-year fixed 3.45 3.49 4.35

15-year fixed 2.95 2.99 3.77

5-year adjustable 3.20 3.25 3.84