Mortgage Rates Tuesday, May 16: Mostly Small Moves Lower

Interest rates for 30-year and 15-year fixed home loans slipped a notch, and 5/1 ARM rates ticked higher today, according to a NerdWallet survey of mortgage rates published by national lenders Tuesday morning. While mortgage rates remain calm for now, economists seem to believe that the Federal Reserve’s plan to raise short-term interest rates a few more...

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  • Current Mortgage Interest Rates
    On Tuesday, April 23, 2024 ... adjustable-rate mortgage went up five basis points to 8.016% APR, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is nine ...
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