We’ll add more market news briefs throughout the day. Check back to read the latest.
Most recent market newsWednesday, May 2
The average rate you’ll pay for a 30-year fixed mortgage is 4.43 percent, a decrease of 7 basis points over the last seven days. 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 3.86 percent, down 3 basis points since the same time last week.![](https://webassets.inman.com/wp-content/uploads/2018/05/Mortgage-rates-lower-for-Wednesday.png)
Source: Bankrate
News from earlier this weekTuesday, May 1
![](https://webassets.inman.com/wp-content/uploads/2018/03/REX_Hero_1984x880_Option1-1-120x90.jpg)
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.
![](https://webassets.inman.com/wp-content/uploads/2018/05/Mortgage-rates-lower-for-Tuesday.png)
Source: Bankrate
Monday, April 30
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.![](https://webassets.inman.com/wp-content/uploads/2018/04/Mortgage-rates-climb-for-Monday.png)
Source: Bankrate
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