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  2. Learn more:
    Currently, the average 30-year, fixed-rate mortgage is 7.02% as of May 16, according to Freddie Mac. While rates remain elevated, the Fed signaled that it will begin to cut rates in 2024, indicating a further downward shift in mortgage rates may soon come.
    www.forbes.com/advisor/mortgages/mortgage-rates/
    For today, Sunday, May 19, 2024, the current average 30-year fixed mortgage interest rate is 7.02%, decreasing 12 basis points from a week ago. If you're looking to refinance your current loan, today's national 30-year fixed refinance interest rate is 7.03%, down 9 basis points since the same time last week.
    www.bankrate.com/mortgages/30-year-mortgage-r…
    The average rate you'll pay for a 30-year fixed mortgage today is 7.14, the average rate for the benchmark 15-year fixed mortgage is 6.53 percent, and the average rate on a 5/1 adjustable rate mortgage is 6.71 percent.
    www.bankrate.com/mortgages/todays-rates/
     
  3. People also ask
    What is a mortgage interest rate?A **mortgage interest rate** is the percentage charged by a lender on the amount you borrow to purchase a home.It determines the cost of borrowing and affects your monthly mortgage payments.Currently,
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    Web2 days ago · Mortgage rates today: Thursday, May 23, 2024. On Thursday, May 23, 2024, the average interest rate on a 30-year fixed-rate mortgage rose three basis points to 6.821% APR. The average rate on a 15 ...

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    Web2 days ago · Home. / Current Mortgage Rates Today. Today’s Mortgage Rates. Your rate will be different depending on your credit score and other details. Let us estimate your rate and help you reach your financial …

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