
The 30-year fixed mortgage rate has remained relatively flat since last week, hovering between 4.38 and 4.42 percent for the majority of time.
“Rates were flat during last week’s holiday-shortened trading week,” said Erin Lantz, director of mortgages at Zillow. “This week rates should remain steady unless the December jobs report released on Friday reveals unexpected insights into the health of the U.S. labor market.”
Additionally, the 15-year fixed mortgage rate this morning was 3.35 percent and for 5/1 ARMs, the rate was 2.89 percent.
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