Mortgage

Rates

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On Friday, March 12th, 2021, the average APR on a 30-year fixed-rate mortgage rose 8 basis points to 3.140%. The average APR on a 15-year fixed-rate mortgage rose 5 basis points to 2.435% and the average APR for a 5/1 adjustable-rate mortgage (ARM) remained at 3.796%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 1 basis point higher than one week ago and 133 basis points lower than one year ago.

Mortgage Rates 

FHA

30-Year Fixed

3.125%

Conventional

30-Year Fixed

3.275%

VA

30- Year Fixed

2.64%

(updated March 11, 2021)

Wells Fargo Bank