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Mortgage Rates Thursday, April 13: Slide Continues

April 13, 2017
Mortgage Rates, Mortgages
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We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

With the busy spring home buying season in full swing, mortgage rates today for 30- and 15-year fixed loans both dipped by 3 basis points, while 5/1 ARMs slid by 2 basis points, according to a NerdWallet survey of mortgage rates published by national lenders Thursday morning.

Rates have fallen each day this week for 30-year fixed loans and 5/1 ARMs, according to NerdWallet’s analysis. While lower interest rates help make a mortgage more affordable, rising home prices and tight housing inventory in many markets are two critical challenges potential home buyers are facing.


MORTGAGE RATES TODAY, Thursday, APRIL 13:

(Change from 4/12)
30-year fixed: 4.15% APR (-0.03)
15-year fixed: 3.53% APR (-0.03)
5/1 ARM: 3.80% APR (-0.02)

» MORE: How much home can you afford?

Homeowners looking to lower their mortgage rate can shop for refinance lenders here.

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.

Deborah Kearns is a staff writer at NerdWallet, a personal finance website. Email: dkearns@nerdwallet.com. Twitter: @debbie_kearns.