us mortgage

The current average 30-year fixed mortgage rate climbed 2 basis points from 3.96% to 3.98% on Wednesday, Zillow announced.

The 30-year fixed mortgage rate on February 1, 2017 is up 1 basis point from the previous week’s average rate of 3.97%.

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 down 2 basis points from 3.02% to 3.00%.

Source: Zillow