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1. • 7.04%

     • On Friday, May 24, 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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     AOL

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

     See average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.

     15 hours ago

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     FOX Business

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

     12 hours ago

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     CNN.com

     The best mortgage interest rates today: May 24, 2024

     16 hours ago

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     Reuters via Yahoo

     US 30-year fixed-rate mortgage falls below 7%

     1 day ago

   • CNET

     Home Loan Rates Increased Over the Last Week: Mortgage Rates for May 24, 2024

     14 hours ago

   • Bankrate via Yahoo

     Pros and cons of an adjustable-rate mortgage (ARM)

     6 hours ago

   • Market Watch

     Today’s Mortgage Rates for May 23, 2024: Rates Up

     For more details on how we compile daily mortgage data, check out our methodology here. While mortgage rates have dipped slightly over the past few weeks, they remain high enough to slow potential ...

     2 days ago

   • Benzinga via Yahoo

     Homeowners Seize Rate Dip To Restructure Mortgages

     11 hours ago

   • FOX Business

     Mortgage rates fall below 7%, but affordability remains a dream for many: Freddie Mac

     1 day ago

   • Forbes

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

     15 hours ago

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3. People also ask

   What is the difference between a 30-year and an adjustable-rate mortgage?

   • An adjustable-rate mortgage – Adjustable-rate mortgages have a fixed interest rate for the first few years. Then, the rate can change with the market. These loans typically offer lower introductory rates (the ones you see advertised) than 30-year loans. But that rate could rise later on, so you lower mortgage payment is not guaranteed to continue

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

   themortgagereports.com/30-year-mortgage-rates

   See all results for this question

   What is a 30-year fixed mortgage?

   • A 30-year fixed mortgage is a home loan with an interest rate that stays the same over a 30-year period. For example, on a 30-year mortgage for a home valued at $300,000 with a 20% down payment and an interest rate of 3.75%, the monthly payments would be about $1,111 (not including taxes and insurance).

   Today's 30-Year Mortgage Rates | Zillow

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

   See all results for this question

   What is the average rate for a 30-year mortgage?

   • Current 30-year mortgage rates are averaging 7.52%. The average rate for 30-year fixed mortgage refinance is 7.76%.* How Does LendingTree Get Paid?

   Compare Current 30-Year Mortgage Rates in May 2024

   www.lendingtree.com/home/mortgage/30-year-mortgage-rates/

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   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

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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   5 days ago · Compare current 30-year fixed mortgage rates from top lenders and see how they change over time. Find out the pros and cons of a 30-year loan and get tips on how to get the best rate.

5. 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 varies by location, loan program, credit score and down payment. Learn the advantages and disadvantages of a 30-year fixed-rate mortgage and how to refinance it.

6. www.lendingtree.com › home › mortgageCompare Current 30-Year Mortgage Rates in May 2024

   www.lendingtree.com › home › mortgage

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   Apr 26, 2024 · Compare average rates for 30-year fixed and refinance mortgages from top lenders. Find out how to get the lowest rates and how they are determined by credit score, down payment and other factors.

   • How much can I afford with a 30-year mortgage rate?

     Lenders look at your DTI ratio to determine how much you can afford based on the loan you apply for. Most loan programs allow for a maximum DTI rat...
   • When should I lock my mortgage rate?

     Once you’ve received a loan estimate that fits your needs, you should ask for a rate lock. Provide the requested loan paperwork quickly so your loa...
   • What is a lender credit?

     A lender credit is a cash credit your lender may offer to cover some or all of your closing costs if you’re willing to pay a higher interest rate....

7. Videos

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     youtube.com

     Mortgage rates fall for 4th straight week

     Nov 23, 2023

     26.5K Views

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     2:21

     youtube.com

     How Sustainable Is a 30-Year, 8% Mortgage Rate?

     Oct 19, 2023

     70.3K Views

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     4:07

     youtube.com

     Mortgage rates affecting home loans

     Aug 27, 2023

     10.2K Views

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8. www.nerdwallet.com › mortgage-rates › 30-year-fixedCompare Today's 30-Year Fixed Mortgage 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. money.usnews.com › loans › ratesCompare Current 30-Year Mortgage Rates | U.S. News

   money.usnews.com › loans › rates

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   1 day ago · Looking for a 30-year fixed mortgage? Compare today's 30-year mortgage rates and offers from top lenders.

10. 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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    2 days ago · Compare current 30-year fixed mortgage rates for May 9, 2024 from conventional, FHA, VA, and USDA loans. Learn how to get the lowest rate and how a 30-year mortgage works.