Real estate daily market update: May 1, 2018

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 We’ll add more market news briefs throughout the day. Check back to read the latest.

Most recent market news

Tuesday, May 1

Bankrate mortgage rates

  • The average 30-year fixed-mortgage rate is 4.42 percent, a decrease of 5 basis points since the same time last week. A month ago, the average rate on a 30-year fixed mortgage was lower, at 4.30 percent.
  • The average 15-year fixed-mortgage rate is 3.86 percent, down 2 basis points over the last week.

Source: Bankrate

News from earlier this week

Monday, April 30

Bankrate mortgage rates

  • The average 30-year fixed-mortgage rate is 4.43 percent, an increase of 2 basis points over the last week. A month ago, the average rate on a 30-year fixed mortgage was lower, at 4.27 percent.
  • The average 15-year fixed-mortgage rate is 3.85 percent, up 4 basis points over the last seven days.

Source: Bankrate

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