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A few key mortgage rates increased today. Average rates for the 15-year and 30-year fixed mortgages both rose, while the average 5/1 adjustable mortgage rate also went up. Mortgage rates always fluctuate, but they are currently at historic lows. Now may be the right time to lock in a low fixed rate. As always, make sure to first consider your personal goals and circumstances before buying a home, and shop around to find a lender who can best meet your needs.
Take a look at mortgage rates for different types of loan30-year fixed-rate mortgages
The 30-year fixed-mortgage rate average is 3.08%, which is an increase of 7 basis points from one week ago. (A basis point is equivalent to 0.01%.) The
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