what is the current interest rate for a 30 year mortgage

what is the current interest rate for a 30 year mortgage

1 year ago 58
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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.

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