As of Wednesday, October 18, 2023, the current average interest rate for a 30-year fixed mortgage varies depending on the source. Here are the rates reported by different sources:
- Bankrate reports that the current average interest rate for a 30-year fixed mortgage is 7.99%.
- Wells Fargo reports that the interest rate for a 30-year fixed-rate jumbo mortgage is 7.375%.
- NerdWallet reports that the average APR on a 30-year fixed-rate mortgage is 7.859%.
- U.S. Bank reports that the interest rate for a 30-year fixed mortgage is 7.875%.
- Money reports that the current rate for a 30-year fixed-rate mortgage is 7.57%.
Its important to note that mortgage rates can vary depending on factors such as credit score, down payment, and location. Its always a good idea to shop around and compare rates from multiple lenders to find the best deal.