Mortgage rates on all types of loans have been on the rise since last Monday, according to the Zillow lender marketplace.
Since last week, the 30-year conforming fixed rate is up 16 basis points to 6.41%, the 20-year fixed is up 12 basis points to 6.07%, the 15-year fixed is up 14 basis points to 5.80%, and the 5/1 ARM is up 22 basis points to 6.63%
Weekly survey of mortgage lenders with the best rates: Minor moves as rates sit just above 6% APR Today’s mortgage rates Here are the current mortgage rates, according to the latest Zillow data: – 30-year fixed: 6.41% – 20-year fixed: 6.07% – 15-year fixed: 5.80% – 5/1 ARM: 6.63% – 7/1 ARM: 6.21% – 30-year VA: 5.83% – 15-year VA: 5.49% – 5/1 VA: 5.47% Remember, these are the national averages and rounded to the nearest hundredth. Today’s mortgage refinance rates These are today’s mortgage refinance rates, according to the latest Zillow data: – 30-year fixed: 6.29% – 20-year fixed: 6.19% – 15-year fixed: 5.76% – 5/1 ARM: 6.34% – 7/1 ARM: 6.39% – 30-year VA: 5.81% – 15-year VA: 5.33% – 5/1 VA: 5.67% Again, the numbers provided are national averages rounded to the nearest hundredth. Mortgage refinance rates are often higher than rates when you buy a house, although that’s not always the case.
Mortgage payment calculator You can use the free Yahoo Finance mortgage calculator below to play around with how different terms and rates will affect your monthly payment. Our calculator considers factors like property taxes and homeowners insurance when estimating your monthly mortgage payment. This gives you a better idea of your total monthly payment than if you just looked at mortgage principal and interest.