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Current mortgage rates - March 2, 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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