Current National Average Mortgage Rates

[Kenny Smith]

The Fed is stating they won't hesitate to continue to raise rates until inflation is under control.  Who knows where rates will be by the end of this year, but consensus says it is going to get worst before it gets better.  Very important to think about if you are are on the fence about buying now, or later this year.

30 Yr Fixed - 5.36%

15 Yr Fixed - 4.79%

30 Yr FHA - 5.00%

15 Yr Jumbo - 4.75%

5/1 ARM - 4.5%