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Current mortgage rates - March 29, 2015

 
We have consistently warned readers about the mortgage rate volatility that’s currently happening in the marketplace. The last few weeks have been a prime example. But the good news is that after reaching 2015 highs just a few weeks ago, mortgage rates are now trending down toward 2015 lows. According to HSH.com’s Mortgage Rates Radar, a Wednesday-to-Tuesday weekly survey of mortgage rates, the average rate for conforming 30-year fixed-rate mortgages fell by 0.09% to 3.80%, and the conforming 5/1 Hybrid ARM fell by 0.07% to 3.03% during the week ending March 24.
Loan Current Previous
30-year Fixed *
3.83 3.84
15-year Fixed *
3.15 3.20
1-year ARM
2.45 3.16
* Conforming, Expanded Conforming, and Jumbo Rates.
Time Range: 1m | 6m | 1y

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Mortgage rates trending toward 2015 lows

Mar 24, 2015

HSH.com releases its latest Weekly Mortgage Rates Radar showing a sizable decline in mortgage rates during the seven-day period ending March 24, as the Federal Reserve projects that it will raise rates more slowly than estimated in December. 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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