U.S national 30-year fixed mortgage rates go down to %3.87

non-banks-mortgage

The current average 30-year fixed mortgage rate fell 2 basis points from 3.89% to 3.87% on Wednesday, Zillow announced.

The 30-year fixed mortgage rate on January 11, 2017 is down 5 basis points from the previous week’s average rate of 3.92%.

Additionally, the current national average 15-year fixed mortgage rate decreased 1 basis point from 3.08% to 3.07%. The current national average 5/1 ARM rate is down 1 basis point from 3.03% to 3.02%.

Source:Zillow

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