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Published: Feb 24, 2022 10 min read
Money; Getty Images

Mortgage rates are up for the second day in a row.

Looking for a 30-year fixed-rate purchase loan? Expect to find rates averaging 4.526%, up 0.088 percentage points from yesterday. The 15-year mortgage is averaging 3.564% and if you're looking for an adjustable-rate mortgage, the 5/1 ARM is averaging 3.27%. While 15-year and ARM rates are lower than the 30-year, both are also up today.

Rates are also higher for refinancers. The 30-year refi moved up to 4.594%, up 0.087 percentage points. The average rate on a 15-year refi increased to 3.661% while the 5/1 ARM is up to 3.319%.

  • The latest rate on a 30-year fixed-rate mortgage is 4.526%.
  • The latest rate on a 15-year fixed-rate mortgage is 3.564%. ⇑
  • The latest rate on a 5/1 ARM is 3.27%. ⇑
  • The latest rate on a 7/1 ARM is 3.568%. ⇑
  • The latest rate on a 10/1 ARM is 3.691%. ⇑

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.