Mortgage rates in the United States for Thursday, January 19, rose from the previous day and rose from the same time last week, according to information from Bank.
30 year fixed term loan
The daily average for a 30-year fixed rate loan was 6.43%, up 4 basis points from 6.39% the previous day and up 6 basis points from the previous seven days. (Each 1% of the mortgage is made up of 100 basis points.)
The refinancing rate for a 30-year, fixed-rate loan is 6.58%, an increase of 6 basis points from the previous date and up 17 basis points from the same date. last week.
15 year fixed term loan
The 15-year mortgage rate was 5.63%, a 52-week low, down 1 basis from the previous day and down 3 basis from the same day last week. eat
For jumbo loans, which include properties that are more expensive than loans under a standard loan (about $647,000 in most areas), the rate is 6.44%, raising 5 basis points from the day before and up 9 basis points from last week.
While 5/1 adjustable rate mortgages carry a fixed rate for five years and can rise or fall each year after that, the average was 5.37%, a decrease of 4 basis points from the previous day and a decrease of 10 basis points. last week. On Thursday, the rate for 5/1 ARM fell to a 52-week low.
FHA and VA loans
The rate for a 30-year, Federal Housing Administration-insured mortgage was 5.70%, down 1 basis point from the previous day and down 2 basis points from the previous seven days. FHA mortgage rates fell to a 52-week low. Mortgages backed by the Department of Veterans Affairs achieved a rate of 5.93%, an increase of 4 basis points from the previous day and up 10 basis points from the previous week.
Transfer from state to state
At the state level, Hawaii saw its mortgage rates rise the most on a day-to-day basis, climbing 8 points to 6.39%, followed by Maryland with a 6-base increase. -point increase to 6.43% and California to 6.44%, up 6 basis points.
No state saw a drop in mortgage rates on Thursday.
Editor’s note: This story was created by Automatic knowledgea technology company, using data from Bankrate.
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