The average 15-year fixed mortgage may have remained flat, but all the other popular purchase and refi options were on the move this week. Here’s how the numbers looked by week’s end, according to CNET:
The average 30-year, fixed-rate mortgage is 5.66 percent, which is an increase of 12 basis points compared to last week. The average rate for a 15-year, fixed mortgage is unchanged at 4.91 percent.
A 5/1 adjustable-rate mortgage has an average rate of 4.29 percent, up nine basis points from seven days ago.
Turning to refinancing, the average 30-year fixed refi is 5.63 percent, an increase of 11 basis points over this time last week. The average 15-year fixed refinance rate stands at 4.92 percent, up seven basis points over last week.
The current average interest rate for a 10-year refinance is 5.03 percent, an increase of nine basis points from what we saw the previous week.