June 4 Mortgage Rates: 30-Year Terms Drop, 15-Year Steady

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Source: Fox Business
June 4 Mortgage Rates: 30-Year Terms Drop, 15-Year Steady
Photo: Fox Business
TL;DR

As of June 4, 2024, the interest rate for a 30-year fixed-rate mortgage has decreased to 6.875%, while the rate for a 15-year fixed-rate mortgage remains steady at 6.125%. Mortgage rates fluctuate daily based on economic conditions, so it's important to compare different lenders' rates, terms, and fees to secure the best deal.

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