As an expert in financial markets, I understand the importance of staying updated with the latest interest rates, particularly for those looking to invest, borrow, or manage their finances effectively. Interest rates are a crucial economic indicator that can significantly impact various financial decisions. They are determined by a combination of factors including monetary policy set by central banks, economic growth, inflation rates, and market demand for credit.

The interest rates that are most relevant to individuals and businesses can vary widely, from the rates on savings accounts to those on mortgages, personal loans, and corporate bonds. The rates you are referring to seem to be related to mortgage interest rates, which are a type of long-term interest rate that is particularly important for homebuyers and the housing market.

Mortgage interest rates are influenced by the long-term rates set by the central bank, as well as by the supply and demand dynamics in the housing market. For instance, if there is a high demand for homes and a limited supply, this can drive up the cost of borrowing, leading to higher mortgage rates. Conversely, if the housing market is slow and there is an abundance of homes for sale, this can lead to lower mortgage rates as lenders compete for borrowers.

Looking at the data provided, it appears that we are dealing with historical mortgage rates from a few years ago. The rates mentioned are for a 30-year fixed rate and a 15-year fixed rate mortgage. A 30-year fixed-rate mortgage is a home loan with a long-term interest rate that remains constant over the life of the loan, making it a popular choice for those seeking stability in their monthly payments. On the other hand, a 15-year fixed-rate mortgage offers a shorter term and typically comes with a lower interest rate, which can save borrowers money over time but also results in higher monthly payments.

The trend indicated in the data shows a slight decrease in rates from March 28, 2018, to March 14, 2018, for both the 30-year and 15-year fixed-rate mortgages. However, it's important to note that these rates are not current and should not be used for making financial decisions today.

To get the most accurate and up-to-date information on current mortgage interest rates, one should consult reliable financial news sources, financial institutions, or a mortgage broker. These rates can change daily, and the actual rate a borrower qualifies for will depend on their credit score, down payment, and other factors.

In conclusion, while the historical data provides a glimpse into past trends, it is essential to seek out the latest rates for any financial planning or decision-making process. Interest rates are subject to change and can be influenced by a myriad of economic factors, making it imperative to stay informed and consult with financial experts when necessary.

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Current Mortgage Rates -C Mortgage Interest Rates Today3-month trend30-year fixed rate15-year fixed rate3/28/20184.54%3.98%3/21/20184.58%4.00%3/14/20184.54%3.95%3/7/20184.59%4.00%6 more rowsread more >>