Today's mortgage rates
Latest Mortgage Rate Analysis
A remarkable decline in mortgage rates greets mortgage shopper this week, with 30-year fixed-rate mortgages moving to a 13-month low.
As reported by Freddie Mac, the average offered rate for conforming 30-year fixed-rate mortgage declined by a tenth of a percentage point (0.10%) this week, landing at 4.31%. Offered rates for conforming 15-year FRMs shed seven basis points (0.07%) to slide to 3.76%, while initial fixed-rates for hybrid 5/1 ARMs eased by three one-hundredths of a percentage point (0.03%) to land at 3.84% for the week.
Although the economic news from the U.S. has be mostly mixed-to-slightly positive, reports about economic growth and inflation trends in other developed economies has not been as encouraging, and the ongoing Brexit saga is helping to keep investors on edge. In such times, investor cash often moves to the relative and security of bonds, driving prices higher and yields lower. Mortgage rates follow these yields.
Learn more about what moves mortgage rates. For more about current trends, read or subscribe to our weekly MarketTrends newsletter.
| Week | 12/27 | 01/03 | 01/10 | 01/17 | 01/24 | 01/31 | 02/07 | 02/14 | 02/21 | 02/28 | 03/07 | 03/14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30-year-Fixed | 4.550% | 4.510% | 4.450% | 4.450% | 4.450% | 4.460% | 4.410% | 4.370% | 4.350% | 4.350% | 4.410% | 4.310% |
| 15-year-Fixed | 4.010% | 3.990% | 3.890% | 3.880% | 3.880% | 3.890% | 3.840% | 3.810% | 3.780% | 3.770% | 3.830% | 3.760% |
| 5-year-ARM | 4.000% | 3.980% | 3.830% | 3.870% | 3.900% | 3.960% | 3.910% | 3.880% | 3.840% | 3.840% | 3.870% | 3.840% |
Here are Today's Mortgage Rates
- LoanDepot, LLC: 30 Yr. Fixed Rate: 5.125%, APR: 5.208%
- LoanDepot, LLC: 15 Yr. Fixed Rate: 4.250%, APR: 4.290%
- CloseYourOwnLoan.com: 3/1 Yr. ARM Rate: 4.250%, APR: 5.178%
- LoanDepot, LLC: 20 Yr. Fixed Rate: 4.875%, APR: 4.924%
- LoanDepot, LLC: 10 Yr. Fixed Rate: 4.375%, APR: 4.412%
- LoanDepot, LLC: 5/1 Yr. ARM Rate: 5.500%, APR: 5.334%
- LoanDepot, LLC: 7/1 Yr. ARM Rate: 5.125%, APR: 5.192%
- CloseYourOwnLoan.com: FHA 30 Yr. Rate: 3.990%, APR: 4.157%
- CloseYourOwnLoan.com: VA 30 Yr. Rate: 3.990%, APR: 4.157%
| Loan type/terms | Fixed 30 years | Fixed 15 years/ 20 Years | Hybrid ARM | Traditional ARM | Balloon Mortgage |
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Current Interest Rates Analysis
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