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Mortgage rates today for 30-year and 15-year fixed loans crept higher, while 5/1 ARM rates held firm, according to a NerdWallet survey of mortgage interest rates published by national lenders Thursday morning.

Global bond prices are sinking as central banks, including the U.S. Federal Reserve, contemplate the end of lenient monetary policies. As world governments attempt to control inflation and throttle growth by raising short-term interest rates, bond yields — and as a result, mortgage rates — are edging higher.

The only factors keeping a lid on even higher rates are some mixed economic news released this morning, along with continued concerns regarding North Korea’s nuclear muscle flexing.

Still, interest rates on fixed-rate home loans are near two-month highs.


(Change from 7/5)
30-year fixed: 4.17% APR (+0.01)
15-year fixed: 3.57% APR (+0.02)
5/1 ARM: 3.92% APR (NC)

NerdWallet daily mortgage rates are an average of the published annual percentage rate with the lowest points for each loan term offered by a sampling of major national lenders. APR quotes reflect an interest rate plus points, fees and other expenses, providing the most accurate view of the costs a borrower might pay.

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Hal Bundrick is a staff writer at NerdWallet, a personal finance website. Email: Twitter: @halmbundrick.

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