The average rate on a 30-year fixed-rate mortgage is 7.088%, according to Money’s daily rate survey. Money’s 30-year refinance rate is averaging 7.172%. Freddie Mac’s average rate for a 30-year fixed-rate mortgage increased to 6.79%, an increase of 0.07 percentage points. Freddie Mac’s current rate for a 15-year fixed-rate mortgage ticked up to 6%, an increase of just 0.01 percentage point.

 

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