Advertiser Disclosure

Mortgage Rates Monday: Some Up, Some Down

Feb. 5, 2018
Mortgage Rates, Mortgages
NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. Here’s how we make money.
We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

The average rate on a 30-year fixed-rate mortgage went up two basis points, the rate for the 15-year fixed fell four basis points and the 5/1 ARM declined four basis points, according to a NerdWallet survey of daily mortgage rates published Monday by national lenders.

The average rate on the 30-year fixed has risen 13 basis points, or about one-eighth of a percentage point, in one week. It is 13 basis points higher than one year ago. A basis point is one one-hundredth of one percent.


(Change from 02/02)
30-year fixed: 4.51% APR (+0.02)
15-year fixed: 4.10% APR (-0.04)
5/1 ARM: 4.43% APR (-0.04)

NerdWallet daily mortgage rates are an average of the published annual percentage rate with the lowest points for each loan term offered by a sampling of major national lenders. APR quotes reflect an interest rate plus points, fees and other expenses, providing the most accurate view of the costs a borrower might pay.

More from NerdWallet

How much house can I afford?
Compare mortgage rates
5 tips for finding the best mortgage lenders

About the author