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Today's Mortgage Interest Rates for January 17, 2024: Compare Offers

·1 min

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Mortgage rates witnessed a mix last week. While the 30-year fixed-rate mortgage had a slight increase, the 15-year fixed-rate mortgage saw a decline.

According to data, the 30-year fixed mortgage rate for the week ending January 11, 2024, rose by 0.04% compared to the previous week, reaching 6.66%.

On the other hand, the 15-year fixed mortgage rate fell by 0.02% from the previous week, standing at 5.87%. This translates to a monthly payment of $837 for every $100,000 borrowed.

The actual rate offered to homebuyers may vary based on factors such as the home’s price, credit history, and down payment size. It’s recommended to compare available offers to find the best rate.