A number of notable mortgage and refi rates moved up beyond pre-pandemic levels, according to numbers out from CNET. Here’s how the week ending March 11 wrapped up:
The average interest rate for a 30-year fixed mortgage is 4.32 percent, an increase of 11 basis points compared to last week. The average 15-year, fixed mortgage rate stands at 3.55 percent, up five basis points compared to one week ago.
While a 5/1 adjustable-rate mortgage is an average of 4.34 percent, an increase of 12 basis points from last week.
Turning to refinancing, the average rate for a 30-year refi is 4.32 percent, which is up 14 basis points over this time last week. The current average interest rate for a 15-year refinance is 3.54 percent, an increase of six basis points. And the average for a 10-year fixed refi is 3.43 percent, an increase of three basis points over last week.