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Rates on a 15-year mortgage stand at an average 6.17% for purchase and 6.20% for refinance, up 7 basis points from 6.10% for purchase and 9 basis points from 6.11% for refinance this time last week.
Rates for a 15-year mortgage stand at an average 6.25% for purchase and 6.26% for refinance, up 5 basis points from 6.20% for purchase and 3 basis points from 6.23% for refinance this time last week.
Rates on a 15-year mortgage stand at an average 5.81% for purchase and 5.83% for refinance, up 33 basis points from 5.48% for purchase and 36 basis points from 5.47% for refinance over the past week.
Rates on a 15-year mortgage stand at an average 6.18% for purchase and 6.22% for refinance — up 5 basis points from 6.13% for purchase and 5 basis points 6.17% for refinance this time last week.
As of today, January 12, 2024, 30-year fixed mortgage rates are slightly down, as are 30-year fixed refinance rates. Last week's average was 6.62%, and 15-year fixed rates were 5.89%. Today's ...
A 5/1 ARM works in much the same way as a 10/1 ARM, but the initial, fixed-rate period is shorter – just five years. Generally, the interest rate on the 10/1 will be a little higher than the 5/1.
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