According to data from Curinos, mortgage rates for a 30-year fixed-rate loan sit at 7.77%. This means they’ve risen from 7.65% last week. Last month, rates were at 7.37%, putting today’s rates significantly higher and up from 5.95% last year.

The 30-year fixed-rate average today is 1.36 percentage points below the 52-week high of 9.13% and 2.14 percentage points higher than the 52-week low of 5.63%.

At the current 30-year fixed rate, you’ll pay about $716 each month for every $100,000 you borrow — up from around $708 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-05-01-24/

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