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Mortgage Rates Tuesday: Mostly Lower

January 2, 2018
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.

The average rate on a 30-year fixed-rate mortgage fell 10 basis points from late December, the rate for the 15-year fixed fell eight basis points and the 5/1 ARM went up one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Tuesday.

A basis point is one one-hundredth of one percent.

MORTGAGE RATES TODAY, TUESDAY, JAN. 2:

(Change from 12/21)
30-year fixed: 4.09% APR (-0.10)
15-year fixed: 3.70% APR (-0.08)
5/1 ARM: 4.30% APR (+0.01)


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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