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Published: Jan 25, 2021 7 min read
Money; Getty Images

Existing home sales increased in December as the housing market ended the year on a high note. Overall, more homes were sold in 2020 than in any year since 2006.

The average interest ending last week on a downward trend, dropping 0.19 percentage points.

Today's Mortgage Rates

The average interest rate on a 30-year fixed-rate mortgage was 3.088% on Friday — down from 3.107% on Thursday.

Mortgage Rate Chart
Loan type Average Rate
30-Year Fixed Loan 3.088%
15-Year Fixed Loan 2.322%
30-Year FHA Loan 2.845%
30-Year VA Loan 2.885%
30-Year Jumbo Loan 3.706%

Rates are subject to change. All information provided here is accurate as of the publish date.