Lowest 30 Year Mortgage Rates today

It’s continuing fallout following Britain’s vote to leave the European Union last week. The “Brexit” is rocking global stock markets as investors rush to bonds. As the 10-year Treasury gains favor, its price rises, but the yield falls — and mortgage rates are quickly approaching record lows.

“The fact that the Federal Reserve has referenced the potential exit of the U.K. from the EU as a risk factor affecting the decision on the direction of U.S. monetary policy means the Fed will very likely be on hold for some time as it observes the impact on U.S. and global financial markets and economic activity, ” Doug Duncan, chief economist for Fannie Mae, said. “Low for long. This has been our view and continues to be our view. We expect mortgage rates will more likely fall than rise and will exhibit increased volatility.”

NerdWallet compiles annual percentage rates — lender interest rates plus fees — the most accurate way for consumers to compare rates. Here are today’s average rates for the most popular loan terms:

(Change from 6/24)

30-year fixed: 3.64% APR (-0.09)

15-year fixed: 3.03% APR (-0.04)

5/1 ARM: 3.31% APR (-0.02)

Wells Fargo, Chase and BOA mortgage rates

Three major components of the NerdWallet Mortgage Rate Index are leading lenders Wells Fargo, Chase and Bank of America. Each is discounting its home loans as a result of the Brexit vote: