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  • Bill Brown

Mortgage Rates are Very Volatile

If you have been thinking about buying a home or perhaps refinancing your current home, don't think too long. Rates appear to be on the rise.


Take a look at the average mortgage rates based on mortgage loans closed on March 7, 2022.


Average Mortgage Rates

Data based on US mortgage loans closed on Mar 7, 2022


LOAN TYPE MAR 7 LAST WEEK CHANGE

15 Year Fixed Conventional 3.45% 3.4% 0.05%

30 Year Fixed Conventional 4.46% 4.4% 0.06%

7/1 ARM Rate 3.43% 3.42% 0.01%

10/1 ARM Rate 3.52% 3.51% 0.01%

Your actual rate may vary


For a free rate quote personalized to your needs and qualifications, please give me a call at 803-542-3863 or apply safely and securely at our company website. No cost or obligation.


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