Mortgage Doctor 172.***.229.191
2022-01-1120:54:56
30-year fixed mortgage rates: 3.625%, up from 3.375%, +0.250
20-year fixed mortgage rates: 3.250%, up from 3.125%, +0.125
15-year fixed mortgage rates: 2.625%, down from 2.750%, -0.125
10-year fixed mortgage rates: 2.500%, down from 2.750%, -0.250
What this means: Mortgage interest rates are continuing to increase at the start of the new year, as experts have predicted. But with 15- and 10-year terms falling since last Friday, homebuyers still have time to lock in a relatively low rate and save on interest over the life of their mortgage. Buyers who want a more manageable monthly payment might consider 20-year rates, which are also still lingering at money-saving levels.