Why Do People Think Mortgage Calculator is a Good Idea? As we Compare current mortgage rates, shall we commence by looking at the weekly trends? The mortgage rates today stand as follows, according to one company:
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30-year fixed – 5.83% 15-year fixed – 5.06% 10-year fixed – 5.04% 5/1 ARM – 4.29%
Talking of average rates, the 30-year fixed mortgage attracts 5.61% and that represents a decrease of 22 basis points compared to a week ago. Similarly, refinance rates have also decreased over the past week, both for the 30year fixed refinance and the 15-year fixed refinance.