Mortgage Interest Rates: Current Interest Rates Below 5 and Improving

Today’s mortgage interest rates, though up from last week, are exceptionally good and still below 5 percent, 30-years fixed at par. Par rates are the lowest interest rates available a lender can give without charging additional points and fees. Today’s 30 year fixed mortgage interest rate is at 4.875 percent, at par. Compare to 1 year ago. A year ago, 30-year fixed mortgage rates averaged 6.46...