After shooting from upper-6% territory into a low-7% range, 30-year mortgage rates have dropped two days in a row, pushing the flagship average back down near 7%.
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After plunging below the 6% threshold last month—to the lowest level since September 2022—30-year mortgage rates have been wavering in a slightly higher range.
The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.
Mortgage interest rates today, July 1, 2024: The average rate for a 30-year term is 7.36%. Every change in rate means savings or costs for homebuyers.
Loan Term, Change, Rate ; 30-Year Fixed, -0.03, 6.44% ; 15-Year Fixed, -0.03, 5.87% ; 30-Year FHA, +0.03, 6.65%
After sinking last month to their cheapest level since early 2023, 30-year mortgage refi rates have mostly moved higher. But Tuesday finally delivered a welcome dip.
Loan Term, Change, Rate ; 30-Year Fixed, -0.07, 6.46% ; 15-Year Fixed, -0.01, 5.94% ; 30-Year FHA, -0.08, 6.44%
See current mortgage rates for 30-year, fixed-rate home loans, including conventional loans, VA loans, and more.