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Mortgage Rates Tuesday, April 11: Slight Dip

Mortgage Rates, Mortgages
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Mortgage rates today for 30-year fixed loans and 5/1 ARMs fell slightly, while 15-year fixed rates held steady, according to a NerdWallet survey of current mortgage rates published by national lenders Tuesday morning.

Uncertainty among investors regarding the direction of the economy has put downward pressure on the 10-year Treasury yield in recent weeks. In turn, 30-year mortgage rates have trended lower since peaking in mid-March, according to NerdWallet’s mortgage rate analysis.


(Change from 4/10)
30-year fixed: 4.20% APR (-0.02)
15-year fixed: 3.60% APR (NC)
5/1 ARM: 3.83% APR (-0.01)

» 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.

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