"Mortgage Rates in 2024: Stability for 30-Year, Drop for 15-Year, and Potential Federal Reserve Cuts"

Today's 30-year fixed-rate mortgage holds steady at 7.000%, while the 15-year rate drops to 6.000%. It's important to compare different lenders' rates, terms, and fees to ensure the best deal. Mortgage rates are influenced by factors such as credit score, location, loan type, and economic conditions. To find great rates, use Credible's secured website to compare multiple lenders without affecting your credit score. Additionally, understanding mortgage points, rate locks, and closing costs can help in securing the best mortgage rate.