Some advertisements and offers on this page are from advertisers who pay us. That may influence which products we write about, but it does not affect what we write about them. Here's an explanation of how we make money and our Advertiser Disclosure.
Most mortgage rates are down today — a welcome way to start the new month. According to Zillow, the 30-year fixed mortgage rate has decreased by four basis points to 6.55%, and the 15-year fixed interest rate has fallen by eight basis points to 5.83%.
As long as there remains a lot of economic uncertainty, mortgage rates probably won't drastically incline or decline. Now could be a good time to buy a house so you can get a jump on the spring home-buying season.
Dig deeper: When is the best time of year to buy a house?
Today's mortgage rates
Here are the current mortgage rates, according to our latest Zillow data:
-
30-year fixed: 6.55%
-
20-year fixed: 6.28%
-
15-year fixed: 5.83%
-
5/1 ARM: 6.77%
-
7/1 ARM: 6.91%
-
30-year VA: 6.08%
-
15-year VA: 5.66%
-
5/1 VA: 6.08%
-
30-year FHA: 5.95%
-
5/1 FHA: 5.69%
Remember that these are the national averages and rounded to the nearest hundredth.