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Current Mortgage Rate Trends

NATIONAL 30-YEAR FIXED MORTGAGE RATES GO DOWN TO 3.38%

Monday, October 31, 2016

The current average 30-year fixed mortgage rate fell 3 basis points from 3.41% to 3.38% on Monday, Zillow announced.

The 30-year fixed mortgage rate on October 31, 2016 is equal to the previous week’s average rate of 3.38%.

Additionally, the current national average 15-year fixed mortgage rate decreased 3 basis points from 2.68% to 2.65%. The current national average 5/1 ARM rate is down 4 basis points from 2.73% to 2.69%.

Posted on November 1, 2016 at 4:06 am by Sherry Patterson

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