current 30 year mortgage rates 

The average rate for a 30-year mortgage will be 5.05%, down 5 basis points from the previous week.

Mortgage rates for 30-year fixed houses decrease to 5.00% nationally.

The average 30-year fixed mortgage rate fell 5 basis points on Monday, from 5.05% to 5.00%, according to Zillow.

The average 30-year mortgage rate will be 5.05% on August 15, 2022, which is a 5 basis point drop from the previous week's average.

Additionally, the current national average 15-year fixed rate decreased by 3 basis points, from 4.35% to 4.32%.

On a national average, the current 5-year ARM rate has decreased 12 basis points, from 4.76% to 4.64%.

A 30 year mortgage rate is a term used to describe a home loan with a fixed interest rate for 30 years.

For instance, the $300,000 mortgage's 30-year monthly payments

A 20% down payment would be equivalent to $1,111 at a 3.75% interest rate.