Today’s 30-year fixed mortgage rate is 7.55% which is slightly higher than last week’s 7.54%, according to data from Curinos. This is an increase from last month’s 7.39%. Last year around the same time, 30-year fixed rates were 7.02%, which makes today’s rate much higher than it was a year ago.

At the current 30-year fixed rate, you’ll pay about $701 each month for every $100,000 you borrow.

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