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What is the average mortgage rate?

The current average rate for a 30-year fixed mortgage is 6.90, the average rate you'll pay for a 15-year fixed mortgage is 6.21 percent, and the average rate on a 5/1 ARM is 6.45 percent. Whether you're looking to buy or refinance, our daily rates pieces will help you stay up to date on the market's average rates.

What is the average APR for a 30-year mortgage?

30-year fixed-rate mortgage: Today. The average APR for the benchmark 30-year fixed mortgage fell to 7.33%. Last week. 7.18%. 15-year fixed-rate mortgage: Today. The average APR on a 15-year fixed mortgage is 6.42%. Last week. 6.32%. 30-year fixed-rate jumbo mortgage: Today. The average APR on the 30-year fixed-rate jumbo mortgage is 7.31%.

What is the average rate of interest?

The index is expressed as an average. Actual rates tend to be offered in 0.125% increments. For instance, if the index is at 4.07, the predominant top tier rates would be 4.00% and 4.125%.

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