Mortgage Interest Rates Update for January 11, 2023

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Mortgage Interest Rates Update for January 11, 2023

Average mortgage rates trended lower across the board from a week ago. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans all fell.

Let’s take a look at today’s mortgage interest rates
Today’s average 30-year fixed mortgage rate is 6.27%
Today’s 20-year fixed mortgage rate is 5.76%
Today’s 15-year fixed mortgage rate is 5.43%
10-year mortgage rate: 5.25%
5/1 ARM rate: 5.8%

Thank you for tuning in and be sure to check back next week for the latest mortgage rate updates.