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Mortgage rates climb for Friday

Binyamin Mellish/

Binyamin Mellish/

Several benchmark mortgage rates moved higher today. The average rates on 30-year fixed and 15-year fixed mortgages both increased. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages also trended upward.

Rates for mortgages change daily, but they have remained in a historically low range for quite some time. If you’re in the market for a mortgage, it could make sense to go ahead and lock if you see a rate you like. Just be sure to shop around.

Compare mortgage rates in your area now.

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