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1. • 7.04%

     • On Saturday, May 25, 2024, the current average 30-year fixed mortgage interest rate is 7.04%, increasing 2 basis points over the last seven days. For homeowners looking to refinance, today's current average interest rate for a 30-year fixed refinance is 7.04%, rising 1 basis point over the last week.
     www.bankrate.com › mortgages › 30-year-mortgage-rates

     Compare 30-Year Mortgage Rates Today | Bankrate

2. Top Stories

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     Yahoo Personal Finance

     Mortgage rates today, May 26, 2024: Rates remain high

     1 day ago

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     AOL

     Daily mortgage rates for May 24, 2024: Average 30-year rate dips below 7%

     3 days ago

   • CNET

     Mortgage Rates Go Up for Homeseekers: Mortgage Rates for May 27, 2024

     The average 30-year fixed mortgage interest rate is 7.08% today, up 0.04% from seven days ago. For a look at mortgage rate movement, see the chart below. Because inflation data hasn’t been improving ...

     8 hours ago

   • FOX Business

     Today's mortgage rates rise for 30-year terms while 15-year rates hold steady | May 24, 2024

     3 days ago

   • CNET

     Mortgage Refinance Rates Move Higher: Current Refinance Rates on May 24, 2024

     3 days ago

   • USA Today

     Daily mortgage rates for May 23, 2024: Steady rates

     4 days ago

   • Business Insider via Yahoo

     Why mortgage rates are doomed to stay above 7% for the foreseeable future

     20 hours ago

   • USA Today

     Today’s mortgage rates for May 22, 2024: Rates remaining steady

     6 days ago

   • Business Insider

     Mortgage Interest Rates Today, May 22, 2024 | Rates Are Down Slightly. When Will They Drop Further?

     5 days ago

   • Forbes

     Current National Refinance Rates: May 24, 2024—Rates Move Up

     3 days ago

   View all

3. People also ask

   What is the average rate on a 30-year fixed mortgage?

   • The average rate on a 30-year fixed mortgage fell to 7.23 percent this week, according to Bankrate’s national survey of large lenders. Rates for 30-year mortgages — the most popular type of home loan — have hovered in the 7 percent range for several months. Inflation remains the biggest factor determining 30-year mortgage rates.

   Compare 30-Year Mortgage Rates Today | Bankrate

   www.bankrate.com/mortgages/30-year-mortgage-rates/

   See all results for this question

   How often do 30-year mortgage rates change?

   • Average 30-year mortgage rates change daily — sometimes more than once a day. For today’s average, see the tables above. Historically, 30-year mortgage rates have averaged around 8%. But they’ve been well below that in recent years, with average 30-year rates in 2016, 2017, 2019, and 2020 all coming in below 4%.

   Today's 30-Year Mortgage Rates | May 2024 | Buy or Refi

   themortgagereports.com/30-year-mortgage-rates

   See all results for this question

   Is a 30-year mortgage rate right for You?

   • Decide whether a 30-year mortgage rate is right for you. The 30-year term is the most popular option, but it’s far from the only one. Depending on the lender you work with, you might be able to apply for fixed-rate loans amortized over anywhere from eight to 29 years.

   Compare 30-Year Mortgage Rates Today | Bankrate

   www.bankrate.com/mortgages/30-year-mortgage-rates/

   See all results for this question

   Why is a 30-year fixed mortgage a higher interest rate?

   • Higher interest rate. Because the lender is tying up its money longer, 30-year fixed mortgage rates are higher than on loans with shorter terms, such as 15 years. More interest overall. You pay more interest over the life of a 30-year mortgage because you make more payments.

   Compare Today's 30-Year Fixed Mortgage Rates - NerdWallet

   www.nerdwallet.com/mortgages/mortgage-rates/30-year-fixed

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4. www.bankrate.com › mortgages › 30-year-mortgage-ratesCompare 30-Year Mortgage Rates Today | Bankrate

   www.bankrate.com › mortgages › 30-year-mortgage-rates

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   Compare current 30-year fixed and refinance rates from top lenders and see how they have changed over time. Find out the pros and cons of a 30-year mortgage and get tips on how to get the best rate.

5. money.usnews.com › loans › ratesCompare Current 30-Year Mortgage Rates | U.S. News

   money.usnews.com › loans › rates

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   Updated: May 25, 2024. As of May 24, 2024, the average 30-year-fixed mortgage APR is 7.02%. Terms Explained. 0 Items. Mortgage Type. Purchase. Refinance. ZIP Code. Purchase Price. Loan...

   • What Are 30-Year Mortgage Rates?

     30-year mortgage rates are interest rates offered on home loans with 30-year repayment terms. Today’s rates for 30-year fixed-rate mortgages are in...
   • How Can I Find a Good 30-Year Fixed Mortgage Rate?

     A “good” rate on a 30-year fixed mortgage depends on your credit. Buyers with strong credit will have access to the lowest interest rates available...
   • Can You Pay Off a 30-Year Mortgage in 15 Years?

     You can pay off a 30-year mortgage in 15 years by making additional principal payments. However, if you plan a 15-year payoff, you may save more mo...
   • Can You Refinance a 30-Year Fixed Mortgage?

     It’s possible to refinance a 30-year fixed mortgage. Borrowers refinance for several reasons, including getting a lower interest rate, a shorter lo...

6. www.lendingtree.com › 30-year-mortgage-ratesCompare Current 30-Year Mortgage Rates in May 2024

   www.lendingtree.com › 30-year-mortgage-rates

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   Apr 26, 2024 · Compare current 30-year fixed and refinance rates from top lenders and see how they change over time. Find out how to get the lowest rates and what factors affect them.

7. www.zillow.com › mortgage-rates › 30-year-fixedToday's 30-Year Mortgage Rates | Zillow

   www.zillow.com › mortgage-rates › 30-year-fixed

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   Find out the current average 30-year fixed mortgage rate and see how it compares to other loan types and programs. Adjust the graph to customize your loan preferences and location and get started with Zillow.

8. www.nerdwallet.com › mortgage-rates › 30-year-fixed30 Year Mortgage Rates: Compare Today's Rates - NerdWallet

   www.nerdwallet.com › mortgage-rates › 30-year-fixed

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   Find the best mortgage rates for your home purchase or refinance from 11 lenders. See APR, interest rate, monthly payment, fees and other details for each lender.

   • Video Duration: 2 min

9. themortgagereports.com › 30-year-mortgage-ratesToday's 30-Year Mortgage Rates | May 2024 | Buy or Refi

   themortgagereports.com › 30-year-mortgage-rates

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   1 day ago · Compare current 30-year mortgage rates for May 9, 2024 from conventional, FHA, VA, and USDA loans. Learn how to get the lowest rate and how 30-year mortgages work.