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Published: Feb 22, 2022 10 min read
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Mortgage rates are starting the week lower across the board. Borrowers looking for a 30-year fixed-rate purchase loan can expect to see interest rates averaging 4.396%, down 0.028 percentage points from Friday.

The rate for a 15-year fixed-rate mortgage is averaging 3.426% while the average rate for a 5/1 adjustable-rate mortgage is at 3.152%.

Refinancers should also see lower rates. The average for a 30-year refi is 4.463% while the rate for a 15-year refi is 3.499%. The 5/1 ARM is averaging 3.203%.

  • The latest rate on a 30-year fixed-rate mortgage is 4.396%.
  • The latest rate on a 15-year fixed-rate mortgage is 3.426%. ⇓
  • The latest rate on a 5/1 ARM is 3.152%. ⇓
  • The latest rate on a 7/1 ARM is 3.429%. ⇓
  • The latest rate on a 10/1 ARM is 3.516%. ⇓

Money's daily mortgage rates reflect what a borrower with a 20% down payment and a 700 credit score — roughly the national average score — might pay if he or she applied for a home loan right now. Each day's rates are based on the average rate 8,000 lenders offered to applicants the previous business day. Freddie Mac's weekly rates will generally be lower, since they measure rates offered to borrowers with higher credit scores.

Looking for a loan? Check out Money's lists of the best mortgage lenders and best refinance lenders.

Today's 30-year fixed-rate mortgage rates

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