us mortgage rates for friday jan 6 dropped day over day and fell from the same time last week according to data from bankrate the average daily rate for a fixedrate loan for 30 years was 661 down 19 basis points from 680 the prior day and down 26 basis points from the same day last week each 1 of a mortgage rate is made up of 100 basis points the refinance rate for 30year fixedrate loans was 660 down 17 basis points from the previous day and down 22 basis points from the last week a 15year fixedrate mortgage averaged 601 down 7 basis points from the prior day and an increase of 6 basis points from the previous week for jumbo loans which cover properties that are more expensive than those under a conventional conforming loan about 647000 in most areas the rate was 660 a decrease of 22 basis points from the prior day and declining 33 basis points from the same day last week as for 51 adjustablerate mortgages which carry a fixed rate for five years that can then rise or fall each year after the average was 551 steady from the prior day and up 2 basis points from last week the rate for 30year federal housing administrationinsured mortgages was 602 down 16 basis points from the previous day and down 22 basis points from the same day last week fha mortgage rates hit a 52week low mortgages backed by the department of veterans affairs hit a rate of 594 declining 19 basis points from the previous day and a decrease of 12 basis points from the same day last week editors note this story was autogenerated by automated insights an automation technology provider using data from bankrate