Current mortgage trends in the U.S
The current average 30-year fixed mortgage rate remained stable at 3.93% on Monday, Zillow announced.
The 30-year fixed mortgage rate on January 16, 2017 is up 4 basis points from the previous week’s average rate of 3.89%.
Additionally, the current national average 15-year fixed mortgage rate increased 1 basis point from 3.14% to 3.15%. The current national average 5/1 ARM rate is equal to 3.05%.