"Fluctuating Mortgage Rates Impact Homebuyers in April 2024"

Today's 30-year fixed-rate mortgage holds steady at 7.125%, while the 15-year fixed-rate falls to 6.000%. 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, and economic conditions. To qualify for a mortgage, steady employment, income, and a good credit score are essential. Refinancing and accessing home equity are options for those looking to lower rates or access cash. Credible's platform offers tools to compare multiple lenders and prequalified rates.