The average rate for the 30-year fixed-rate mortgage refinance fell to 5.30%. This time last week, the 30-year fixed was 5.42%. Today’s rate is lower than the 52-week high of 4.36%.
The average interest rate on the 20-year fixed refinance mortgage is 5.30%. This same time last week, the 20-year fixed-rate mortgage was at 5.26%.
Today, the 15-year fixed mortgage rate sits at 4.61%, lower than it was one day ago. Last week, it was 4.78%.Today’s rate is higher than the 52-week low of 3.52%.
The average interest rate on the 30-year fixed-rate jumbo mortgage refinance is 5.28%. One week ago, the average rate was 5.41%.
The average interest rate on the 15-year fixed-rate jumbo mortgage refinance fell to 4.59%. Last week, the average rate was 4.77%.
On a 5/1 ARM, the average rate remained at 3.78%. The average rate was 3.66% last week. Today’s rate is currently the 52-week high.