Mortgage Rates Today, Jan. 31: Steady; Home Prices Reach All-Time High Again


Mortgage rates today were unchanged. Thirty-year fixed, 15-year fixed?and 5/1 ARM rates remained steady,?based on a NerdWallet?survey of current home loan rates published by national lenders Tuesday morning.

Tomorrow, the government Reserve will announce its decision regarding short-term rates of interest. Most Wall Street analysts expect the Fed to obstruct any more hikes in interest rates until later this year.

While calm today, home loan rates happen to be volatile lately. Following the Fed’s announcement tomorrow, the Labor Department’s jobs report to be issued on Friday will likely supply the next motivation for substantive rate movement.

Mortgage Rates Today,
Tuesday, Jan. 31

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