Current Mortgage Rates: Mortgage Rates Down to 5.07%
Today's conforming 30-year fixed rate mortgage is at 5.07 percent, down from last week's average mortgage rate of 5.08 percent with an average 0.7 discount points. The average 15-year mortgage rate is also down this week, currently 15-year mortgage rates are averaging 4.50 percent with 0.7 discount points, down from the previous week's average 15-year mortgage rate of 4.54 percent. Adjustable rate mortgages were mixed this week, the average 5-year adjustable rate mortgage is at 4.51 percent this week with an average 0.5 discount points. Last week's average 5-year adjustable mortgage rate was at 4.59 percent. Last year at his time the average 5-year ARM was near 6.00 percent. The average one-year Treasury indexed adjustable mortgage rate is current at 4.64 percent with an average 0.6 discount points this week, up from the prior week's average rate of 4.62 percent. |