"Bank of America CEO Warns of 7% Mortgage Rates as Demand Plummets"
TL;DR Summary
Today's 30-year fixed-rate mortgage holds steady at 6.625%, unchanged from Friday. To secure the best rate, it's important to compare different lenders' current interest rates, terms, and fees. Factors such as credit score, debt-to-income ratio, down payment, loan amount, and repayment term can influence mortgage rates. Credible, a personal finance marketplace, offers tools to compare rates from multiple lenders without affecting credit scores.
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