Today’s 30-year fixed mortgage rate is 7.40% while a 15-year fixed-rate mortgage is 6.64%. Rates on 30-year jumbo mortgages are 7.40%.

According to data from Curinos, mortgage rates for a 30-year fixed-rate loan sit at 7.40%. This means they’ve risen from 7.29% last week. Last month, rates were at 7.49%, putting today’s rates significantly lower and up from 5.87% last year.

The 30-year fixed-rate average today is 1.73 percentage points below the 52-week high of 9.13% and 1.77 percentage points higher than the 52-week low of 5.63%.

At the current 30-year fixed rate, you’ll pay about $699 each month for every $100,000 you borrow — up from around $690 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-03-20-24/

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