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Mortgage Rates Rose Slightly Again Today

By Tim Brugger – Updated Apr 26, 2017 at 3:36PM

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Interest rates on most home loan varieties continued their slow climb Wednesday, but equity loans bucked the trend.

Mortgage rates continued this week's trend of inching up, led by a fairly substantial 0.05% jump in 30-year fixed jumbo rates. Most other loan varieties rose, on average, by a more modest 0.02% or 0.03%.

About the only good interest rate news for borrowers came from home equity lines of credit (HELOC) and home equity loans, which held steady at 5.30% and 5.28%, respectively.

Here are today's average mortgage rates across the U.S., along with where they stood a month ago.

Mortgage Type

Mortgage Rates Today

Mortgage Rates 1 Month Ago

30-year fixed jumbo

4.46%

4.54%

30-year fixed

3.90%

4.02%

15-year fixed

3.10%

3.19%

30-year fixed refinance

3.90%

4.04%

15-year fixed refinance

3.10%

3.24%

5/1 ARM

3.11%

3.18%

5/1 ARM refinance

3.28%

3.29%

Data source: Bloomberg. National average rates which may include points.

For a little perspective, here are where rates sat as of last Friday. Not surprisingly, adjustable-rate mortgages (ARMs) have shown little movement. Since lenders are able to adjust those loans based on the prevailing rates after the initial five-year "fixed" period ends, they assume less interest-rate risk. A similar line of reasoning applies to the shorter-term 15-year fixed rate loan.

Mortgage Type

Mortgage Rates Today

Mortgage Rates 1 Month Ago

30-year fixed jumbo

4.39%

4.63%

30-year fixed

3.84%

4.07%

15-year fixed

3.04%

3.24%

30-year fixed refinance

3.84%

4.08%

15-year fixed refinance

3.08%

3.24%

5/1 ARM

3.10%

3.28%

5/1 ARM refinance

3.25%

3.38%

Data source: Bloomberg. National average rates which may include points.

Both the aforementioned HELOC and equity loan interest rates of 5.30% and 5.28%, respectively, remain above last month's respective rates of 5.10% and 5.23%.

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