Today’s Mortgage Rates Edge Closer to 6% | May 18, 2022
Mortgage rates are higher across almost all loan categories today. Homebuyers applying for a 30-year fixed-rate mortgage will see averaging rates of 5.962%. For those looking for alternatives, the 15-year fixed-rate mortgage is averaging 4.967%. Meanwhile, the 5/1 adjustable-rate mortgage is averaging 4.391%. The latest rate on a 30-year fixed-rate mortgage is 5.962%. ⇑ The … Read more