Mortgage rates bumped up slightly this past week according to Freddie Mac’s Weekly Survey. The 30 year fixed-rate was at 3.42% (up 7 basis points on the week) with 0.7% points. The 15 year fixed-rate is at 2.61%, which is still basically equivalent to the 5 year ARM (Adjustable Rate Mortgage.)
Note: Chart above is dynamic and reflects current survey, updated weekly.
For TODAYS’s refinance rates, see below or more lenders at http://moneycafe.com/personal-finance/home-refinance-loans/.