A number of notable mortgage and refinance rates moved down this week, though another rise is anticipated by year’s end. Here’s how some of the more popular options looked by week’s end, according to CNET:
The average interest rate for a standard 30-year fixed mortgage is 6.77 percent, down 10 basis points from one week ago. The average rate for a 15-year, fixed mortgage is 6.16 percent, which is a decrease of seven basis points from the same time last week.
A 5/1 adjustable-rate mortgage has an average rate of 5.50 percent, up one basis point compared to last week.
Turning to refis, the average 30-year fixed refinance rate is 6.75 percent, a decrease of 11 basis points over this time last week. The average 15-year fixed refi rate is 6.18 percent, down four basis points over last week.
The average rate for a 10-year fixed refinance loan is currently 6.24 percent, a decrease of 12 basis points over last week.
![[Valid RSS]](https://californialistings.com/wp-content/uploads/2021/03/valid-rss-rogers.png)
