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Current mortgage rates - March 1, 2015

Mortgage rates continued to inch higher last week, taking back more of the dip we saw in January. According to the latest weekly Market Trends newsletter from HSH.com, strengthening in both domestic and foreign economies caused mortgage rates to firm up yet again. The overall average for 30-year fixed-rate mortgages increased by 0.06% to 3.96%, the second-highest average of 2015. The 15-year fixed rose by 0.05% to 3.28%. FHA-backed 30-year loans increased by 0.09% to 3.75%. The 5/1 Hybrid ARM decreased this week by 0.02% to 3.14%.
Loan Current Previous
30-year Fixed *
3.90 3.81
15-year Fixed *
3.16 3.22
1-year ARM
2.25 2.97
* Conforming, Expanded Conforming, and Jumbo Rates.
Time Range: 1m | 6m | 1y

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Featured mortgage articles

Fixed mortgage rates rise again this week

Feb 24, 2015

HSH.com releases its latest Weekly Mortgage Rates Radar showing fixed mortgage rates rising to their highest levels of 2015 in the seven-day period ending February 24, but soothing words from the Federal Reserve about the future direction of interest rates should pull them back down in the days ahead. The Weekly Mortgage Rates Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM).

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