Mortgage Rates Dip Below 7% for Third Consecutive Week
TL;DR
As of May 23, 2024, the interest rate for a 30-year fixed-rate mortgage remains steady at 6.875%, while the rate for a 15-year fixed-rate mortgage has increased to 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.
- Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024 Fox Business
- Long-term mortgage rates ease for third straight week, dipping to just below 7% The Associated Press
- Weekly mortgage refinance demand revives as interest rates fall to 7-week low CNBC
- Mortgage rates fall below 7%, but affordability remains a dream for many: Freddie Mac Fox Business
- Mortgage rates fall for the third straight week, dipping below 7% CNN
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