30-year Fixed Rate is at 4.125%* this week.
Rates ticked up slightly by 0.125%, but are still 0.25% lower than in September. FHA 30-year Fixed rates at under 3.75%.
*This is closest “par” rate for a conventional 30-yr mortgage. It assumes very good credit, sufficient equity, and the absence of other negative risk factors (e.g. property use, cash-out or not, loan amount, etc.). Different mortgage types (such as FHA and VA) and specific risk factors will affect interest rates.
