Mortgage rates as of January 18, 2023 are listed below

MORTGAGE By Ajay Pandit Jan 18, 2023

[{"selector":"#anim-d8f98237-1c10-4bcb-8f1a-7739273f26b4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 13.043478260869568%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Iage Credit - Google.com A 30-year fixed mortgage currently has an average rate of 6.56%, down from 6.65% a week ago.

[{"selector":"#anim-433f33b0-c60c-4e4d-8998-c852e1e6e266 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-36.97074979366022%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Iage Credit - Google.com The average rate on a 15-year fixed mortgage is 5.80%, down 0.11% from the previous week,

[{"selector":"#anim-f4f72c5c-1e9e-457b-912b-f3d5ad7686a4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(45.79326902959549%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Iage Credit - Google.com for borrowers who want a shorter loan term.

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[{"selector":"#anim-5efa1e3b-0e5e-4c01-98aa-24115dc640cd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 10.7102146398768%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Iage Credit - Google.com On a 30-year fixed-rate mortgage, borrowers paid an average interest rate of 6.56%.

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[{"selector":"#anim-c39cf456-53f9-4f99-af8c-457938412e62 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-13.999999781553399%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Iage Credit - Google.com A 30-year fixed-rate mortgage now has an average annual percentage rate (APR) of 6.57%.

[{"selector":"#anim-49e1df0b-deb9-4793-a3e7-1ce28b475f65 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.257324105020174%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Iage Credit - Google.com The APR was 6.66% last week; this is less than that.

[{"selector":"#anim-6a0e4647-de7c-4ef9-9cf7-ea501db0bf15 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-11.17220238934255%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Iage Credit - Google.com For a more full view of loan expenses, the APR includes both mortgage interest and lender fees. Learn more