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As of today, October 3, 2024, mortgage interest rates have seen some fluctuations. Here are the current rates:
- 30-year fixed-rate mortgage: The median interest rate is 6.13%, which is a slight increase from yesterday1.
- 15-year fixed-rate mortgage: The rate remains steady at 5.25%1.
- 20-year fixed-rate mortgage: The rate is currently 5.63%1.
These rates can vary based on factors such as your credit score, the type of property, and the lender. It’s always a good idea to compare rates from multiple lenders to ensure you’re getting the best deal.
If you’re considering refinancing, now might be a good time as rates are relatively low compared to earlier this year2.
Do you have any specific questions about mortgages or need advice on something related?
