Today’s 30-year fixed mortgage rate is 7.50% which is about the same as last week’s 7.50%, according to data from Curinos. This is a decrease from last month’s 7.67%. Last year around the same time, 30-year fixed rates were 7.01%, which makes today’s rate higher than it was a year ago.

At the current 30-year fixed rate, you’ll pay about $698 each month for every $100,000 you borrow — the same as last week.

Ready to buy? Compare the best mortgage lenders.

To continue reading the rest of the article, please click on the source link below:

https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-05-14-24/