"Current Mortgage Rates: 30-Year Holds Steady, 15-Year Rises"

Today's 30-year fixed-rate mortgage holds steady at 7.000%, while the 15-year fixed-rate rises to 6.125%. It's important to compare different lenders' rates, terms, and fees to ensure the best deal. Mortgage rates are determined by factors such as credit score, location, loan type, and economic conditions. To qualify for a mortgage, steady employment, income, assets, and a good credit score are essential. Refinancing and accessing home equity are options for homeowners looking to lower rates or access cash. Use Credible's online tool to compare multiple lenders and see prequalified rates.