Following weeks on the decline, a number of mortgage and refinance rate options popped back up this week, according to CNET.
For a 30-year, fixed-rate mortgage, the average rate is 6.84 percent, which is an increase of five basis points from one week ago. The average rate for a 15-year, fixed mortgage is 6.14 percent, which is an increase of six basis points from seven days ago.
A 5/1 ARM has an average rate of 5.72 percent, down just one basis point compared to a week ago.
On the refi front, the average rate for a 30-year fixed refinance loan is currently 6.98 percent, an increase of eight basis points compared to one week ago. For 15-year fixed refinances, the average rate is currently at 6.15 percent, an increase of 10 basis points from what we saw the previous week.
For 10-year fixed refinances, the average rate is currently at 6.39 percent, an increase of 16 basis points from what we saw the previous week.