Mortgage Rates Rise

Mortgage rates increased by 7 basis points to 6.42% The current 30-year fixed mortgage rate rose by 7 basis points to 6.42%. The 15-year fixed rate increased by 1 basis point to 5.79%, and the 5/1 ARM rose by 40 basis points to 6.70%. Mortgage refinance rates also c

Mortgage rates increased by 7 basis points to 6.42%

The current 30-year fixed mortgage rate rose by 7 basis points to 6.42%. The 15-year fixed rate increased by 1 basis point to 5.79%, and the 5/1 ARM rose by 40 basis points to 6.70%.

Mortgage refinance rates also changed, with the 30-year fixed refinance rate at 6.30% and the 15-year fixed refinance rate at 5.87%.

These rates are national averages and are rounded to the nearest hundredth.

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