Mortgage Rates Drop for 30-Year Loans Amid High Home Prices

1 min read
Source: Fox Business
Mortgage Rates Drop for 30-Year Loans Amid High Home Prices
Photo: Fox Business
TL;DR

As of June 6, 2024, the interest rate for a 30-year fixed-rate mortgage has decreased to 6.625%, while the rate for a 15-year fixed-rate mortgage remains steady at 5.990%. Mortgage rates fluctuate daily based on economic conditions, so it's important to check current rates and compare offers from different lenders to secure the best deal.

Share this article

Want the full story? Read the original reporting

Read on Fox Business