The average rate for a 30-year fixed-rate mortgage was 3.265% Tuesday, ticking up just 0.002 percentage points from Friday. Rates for other loan categories were mixed, with most rates moving slightly lower than last week.
Any well-qualified buyer interested in a new mortgage or refinancing a current home loan should be able to take advantage of interest rates that remain near historic lows.
The latest rate on a 30-year fixed-rate mortgage is 3.265%. The latest rate on a 15-year fixed-rate mortgage is 2.375%. The latest rate on a 5/1 jumbo ARM is 2.187%. The latest rate on a 7/1 conforming ARM is 3.789%. The latest rate on a 10/1 …
