what is current interest rate for mortgage

As of Sunday, November 12, 2023, the current average interest rate for a 30-year fixed mortgage is 7.87%, decreasing 7 basis points over the last seven days. However, its important to note that mortgage rates can vary depending on factors such as the lender, the borrowers credit score, and the type of mortgage. Its recommended to shop around and compare rates from multiple lenders to find the best option for your specific needs.