October 31, 2023

Daily mortgage rates for October 10, 2023: Rates slightly increase

Mortgage rates are trending high across the board, with the current 30-year fixed rate being 8.16%, 15-year fixed rate being 7.24%, and 30-year jumbo rate being 8.07%. These rates are significantly higher than last year's, with the 30-year fixed rate being 5.70% and the 15-year fixed rate being 5.00%. Mortgage rates are determined by the overall economy, inflation, and actions of the Federal...

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