Mortgage Rates: Lowest Mortgage Rates Stay Put, Could Reprice for the Better
Todays lowest mortgage rates are staying put, but could reprice for the better after the release of a positive economic data report that jobless claims dropped below 400,000.
Current 30 year fixed mortgage interest rates are at 4.375% and 15 year fixed mortgage interest rates are at 3.500%. These two types of conforming mortgage loans provide security to borrowers with monthly mortgage payments that remain the same for the life of the loan. 5/1 ARM loan rates are at 2.750% which is a good deal for those who fully understand adjustable rate mortgages and how they eventually change.

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