As of Saturday, December 2, 2023, the current average interest rates for mortgages are as follows:
- 30-year fixed mortgage interest rate: 7.57%
- 15-year fixed mortgage interest rate: 7.02%
- 10-year fixed mortgage interest rate: 7.12%
These rates are subject to change, and it is essential to compare rates from multiple lenders to find the best offer for your financial situation. Keep in mind that the rates you see online are averages, and the actual rate you receive may be higher or lower based on your credit score, down payment, and other factors. It is also crucial to consider other costs associated with a mortgage, such as closing costs, fees, and insurance, when comparing offers.
