The 10 year treasury yield, the best indicator of fixed conforming mortgage rates today rose significantly yesterday to 3.441 from as low as 3.315 early Tuesday. As a result mortgage rates today are up about an 1/8 percent on conforming 30 year fixed mortgages, 20 year fixed mortgages, 15 year fixed mortgages, and the 5/1 ARM.
Today's mortgage rates up but still under 5
Today’s Mortgage Rates
An increase of an 1/8 percent brought today’s 30 year fixed mortgage rateto 4.875 percent at par, according to FreeRateUpdate.com research of wholesale lender’s mortgage rates today. The 15 year fixed rose from 4.25 percent to 4.375 percent at par. The 5/1 ARM rose from 3.75 to 3.875 percent. Mortgage rates this week were almost 1/4 percent higher Monday and Wednesday then they were Tuesday.
Today’s Mortgage Rates – Freddie Mac
Freddie Mac said in their weekly mortgage rates survey today that 30 year fixed conforming mortgage rates averaged 5 percent Monday through Wednesday of this week, up from 4.92 percent last week. Freddie says 15 year fixed mortgage rates averaged 4.43 percent, up from 4.37 last week.
Today’s Zillow National Average Mortgage Rates
As of 10:31 am PST Zillow reports their national average 30 year fixed mortgage rate at 4.86 percent, up almost 1/10 percent from early this morning.
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