Following a one-week dip, mortgage rates climbed back to the level they were two weeks ago.

According to the most recent Freddie Mac Primary Mortgage Market Survey, the average rate on a 30-year fixed mortgage was 3.99 percent last week, up from 3.95 percent the week before and equivalent to where it ended 2017. A year ago at this time, the 30-year rate averaged 4.12 percent.

Rates for 15-year fixed mortgages increased from 3.38 percent to 3.44 percent. Last year’s 15-year average was 3.37 percent.

Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) rose modestly from 3.45 percent to last week’s average of 3.46 percent. Last year, the average was 3.23 percent.

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"After dipping slightly last week, Treasury yields surged this week amidst sell-offs in the bond market,” said Len Kiefer, deputy chief economist for Freddie Mac. “The 10-year Treasury yield, for instance, reached its highest point since March of last year. Mortgage rates followed Treasury yields and ticked up modestly across the board.”

As of Friday, January 12, Bankrate.com listed the average 30-year fixed mortgage rate at 3.96 percent;15-year fixed at 3.30 percent; 30-year jumbo rates at 4.31 percent; and a 5-year ARM at 3.86 percent.

Wells Fargo’s rates for the past week were 4.25 percent on a 30-year fixed; 4.375 percent on a 30-year jumbo mortgage; 3.750 percent on a 15-year fixed; 4.125 on a 15-year jumbo; and between 3.8755 percent and 4.125 on ARMs.

U.S. Bank listed its average 30-year fixed at 4.125 percent, 20-year at 3.875 percent, 15-year at 3.75 percent and 10-year at 3.875 percent. Its 5-year ARM is 3.625 percent and 10-year ARM is 3.875 percent.