Mortgage rates moved in different directions today, but one key rate cruised higher. The average for a 30-year fixed-rate mortgage advanced, but the average rate on a 15-year fixed ticked downwards. The average rate on 5/1 adjustable-rate mortgages, meanwhile, declined.
Rates for mortgages change daily, but they remain low by historical standards. If you’re in the market for a mortgage, it could be a great time to lock in a rate. Just make sure you’ve looked around for the best rate first.
30-year fixed mortgages
The average rate you’ll pay for
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