Mortgage rates see slight dip but remain close to 6%

There was a slight dip in the most recent mortgage rates compared to a week ago, said consumer financial services company Bankrate. As of June 28, average rates for 30-year fixed, 15-year fixed, and jumbo loans decreased, while rates for 5/1 ARMs rose.

The average rate for a 30-year fixed mortgage is currently at 5.90%, down 0.11% from the average reported by Bankrate last week. During the same week a month ago, the 30-year fixed rate averaged 5.27%.

The 15-year fixed rate also moved lower to 5.14%, down 0.13% from the previous week. Similarly, the rate for jumbo loans went down by 0.7%, landing at 5.87%.