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- As of today, the average 30-year fixed mortgage interest rate is around 7.02%12. The average rate for a 15-year fixed mortgage is around 6.53%, and the average rate for a 5/1 adjustable rate mortgage is around 6.71%3. Keep in mind that rates can vary based on individual circumstances and lender policies.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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/
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