FreeRateUpdate.com research of wholesale mortgage lender's current mortgage rates shows no change today. Mortgage rates were pretty steady all morning and afternoon without any major economic data released. 30 year fixed mortgage rates dropped from 4.75% to 4.625% yesterday, they are unmoved today. 15 year fixed mortgage rates have been steady at 4.25% for over a month now. The 5/1 ARM rate is 3.75% still. FHA mortgage rates average about an 1/8 percent higher across the board today. The current FHA 30-year fixed rate is 4.75% though most bank's are advertising 5%.
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