"US Mortgage Rates Hold Steady for 30-Year Terms, Spurring Refinancing and Home Purchases"

Today's 30-year fixed-rate mortgage stands at 6.375%, unchanged from the previous day. To secure the best deal, it's crucial to compare rates, terms, and fees from different lenders. Factors such as credit score, income, down payment, loan type, and economic conditions influence mortgage rates. To qualify for a mortgage, steady employment, income, assets, and a good credit score are essential. Refinancing your mortgage can be beneficial if you're seeking a lower interest rate, different rate type, or shorter repayment term. Using tools like Credible's secured website can help compare multiple lenders without affecting your credit score.