Mortgage Rates Shift as Economic Indicators Remain Mixed

Rates on 15- and 30-year fixed mortgages fluctuate, reflecting ongoing economic uncertainty and inflation trends.

30-year fixed mortgage rates are averaging between 6.91% and 7.17%, with slight increases reported.
15-year fixed mortgage rates show variability, currently ranging from 6.17% to 6.66%.
Adjustable-rate mortgages (ARMs) have also seen minor changes, with 5/1 and 7/1 ARMs fluctuating around 6.63% to 6.88%.
Economic factors such as inflation and Federal Reserve policies continue to influence rate movements.
Homebuyers and those looking to refinance should compare lender offers to secure the best possible rates.