The interest rate on a home loan can vary depending on various factors such as the type of loan, the lender, the borrower's financial situation, and the overall economic environment. As of November 30, 2023, the average interest rate for a 30-year fixed mortgage is around 7.66% to 7.74%
. It's important to note that these rates can change frequently and may differ based on individual circumstances. Additionally, the type of loan and the purpose of the home (primary residence, vacation property, investment property) can also impact the interest rate offered
. It's recommended to shop around and compare rates from different lenders to find the most suitable option.
