Mortgage Rates Rise

Fixed rates increase by 5 basis points The current 30-year fixed rate rose by 5 basis points to 6.38%, while the 15-year fixed rate increased by 2 basis points to 5.74%. The 5/1 ARM fell by 24 basis points to 6.39%. Mortgage refinance rates are often higher than

Fixed rates increase by 5 basis points

The current 30-year fixed rate rose by 5 basis points to 6.38%, while the 15-year fixed rate increased by 2 basis points to 5.74%.

The 5/1 ARM fell by 24 basis points to 6.39%.

Mortgage refinance rates are often higher than rates when buying a house, with the 30-year fixed refinance rate at 6.30%.

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