The most principal mortgage rates all marched higher today.
The unusual inflation in borrowing costs for fixed-rate 30-year mortgages is notable, but 15-year fixed rates also inched upward.
At the same time, average rates for 5/1 adjustable-rate mortgages (ARM) also had an upturn.
The averages for 30-year fixed, 15-year fixed, and 5/1 ARMs are:
30-year fixed mortgage rates
are averaging 5.91%
Today’s 20-year fixed mortgage rate
Today’s 15-year fixed mortgage rate
– The average
10-year fixed-rate mortgage
currently sits at 5.18%
5/1 adjustable mortgage
currently sits at 4.02%