Rates drop on 30-, 15- and 5-year mortgages
From the Associated Press
Interest rates on 30-year fixed-rate mortgages averaged 6.18% this week, down from 6.22% last week, mortgage giant Freddie Mac reported.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, fell to 5.92% from 5.97% last week. Five-year adjustable-rate mortgages edged down to 5.93%, compared with 5.96% last week. One-year ARMs were unchanged at 5.49%.
The rates do not include add-on fees known as points.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
