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Several key mortgage rates floated higher today. The average rate on a 5/1 ARM is 4.02 percent, rising 19 basis points.
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Include these expenses when comparing rates between lenders to get the most accurate comparison of total cost. Know when to lock in the rate When you’ve found the home you’re ready to finance, the lender you want to work with and a mortgage rate that’s right for you, it’s time to lock in your rate .
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Multiple key mortgage rates floated higher today. The average rate on a 5/1 ARM is 4.07 percent, ticking up 25 basis.
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