Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
The interest rate on a 30-year fixed-rate mortgage is 6.875% as of June 24, which is unchanged from Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.000%, which is also unchanged from Friday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms and fees to ensure you get the best deal. Rates last updated on June 24, 2024.
Here are some other personal factors that may determine your mortgage rate: Other indirect factors that may determine the mortgage rate include: Along with certain economic and personal factors, the lender you choose can also affect your mortgage rate. Some lenders have higher average mortgage rates than others, regardless of your credit or financial situation. That’s why it’s important to compare lenders and loan offers.
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