After starting the week on an upward trend, mortgage rates ended the week edging lower. The average rate for a 30-year fixed-rate loan is now 3.301%, 0.007 percentage points lower than at the beginning of the week.
Experts are still forecasting that rates to increase later this year, so now is a good time to take advantage of historically low rates and apply for a mortgage or refinance your current home loan.
The latest rate on a 30-year fixed-rate mortgage is 3.301%. The latest rate on a 15-year fixed-rate mortgage is 2.393%. The latest rate on a 5/1 jumbo ARM is 2.23%. The latest rate on …
