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Mortgage interest rates are up again today. According to Zillow data, the average 30-year fixed mortgage rate has risen by seven basis points to 6.90%, and the 15-year fixed rate has increased by three basis points to 6.21%.
It's been a hectic week for mortgage rates — they spiked for a few days in a row, then inched down, and now they're back up. Home loan rates will probably remain volatile throughout the spring and summer home-buying season, so if you're otherwise ready to buy, focus on shopping for mortgage lenders and finding a home you can afford.
Dig deeper: 8 tips for getting a low mortgage rate
Mortgage rates today
Here are the current mortgage rates, according to the latest Zillow data:
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30-year fixed: 6.90%
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20-year fixed: 6.75%
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15-year fixed: 6.21%
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5/1 ARM: 7.24%
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7/1 ARM: 7.38%
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30-year VA: 6.46%
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15-year VA: 6.01%
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5/1 VA: 6.25%
Remember, these are the national averages and rounded to the nearest hundredth.
Read more: How are mortgage rates determined?
Refinance rates today
These are the current mortgage refinance rates, according to the latest Zillow data:
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