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Image Credit: Forbes

Mortgage Rates Today: December 16, 2024—Rates Move Up

  • The mortgage interest rate on a 30-year fixed mortgage is 7.17%, with an APR of 7.19%.
  • The average rate on a 15-year fixed mortgage is 6.29%, with an APR of 6.32%.
  • The current average rate on a 30-year jumbo mortgage is 7.21%, with an APR included.
  • Qualifying for better mortgage rates depends on credit, DTI ratio, and loan programs.

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