30-Year Mortgage Rates Rise Above 7% After Brief Decline
TL;DR Summary
As of May 31, 2024, the interest rate for a 30-year fixed-rate mortgage has decreased to 7.000%, while the rate for a 15-year fixed-rate mortgage remains steady at 6.375%. 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 fall for 30-year terms while 15-year terms hold steady | May 31, 2024 Fox Business
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