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Amazingly, mortgage rates are once again at historical low levels. faith estimates of total closing costs have helped.
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Mortgage rates continued their move lower as 2018 comes to an end. average 30 year mortgage rates today are at 4.61 percent, down from the prior week’s average 30 year mortgage rate of 4.67 percent. Current mortgage rates on 15 year fixed loans are averaging 3.78 percent, a decline from last week’s average 15 year rate of 3.84 percent.
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A strong jobs report would probably pull rates higher. Bankrate.com, which puts out a weekly mortgage rate trend index, found more than half of the experts it surveyed say rates will remain relatively.
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However, rates tend to pause during a holiday week. bankrate.com, which puts out a weekly mortgage rate trend index, found that nearly three-quarters of the experts it surveyed say rates will remain.
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