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Mortgage Rates Today: December 3, 2024—Rates Remain Fairly Steady

  • The mortgage interest rate on a 30-year fixed mortgage is 7.16%, while the average rate on a 15-year fixed mortgage is 6.30%.
  • The APR on a 30-year fixed-rate mortgage is 7.18%.
  • A monthly payment for a $100,000 30-year fixed-rate mortgage at 7.16% would be approximately $676, totaling around $143,463 in interest over the loan term.
  • Different types of loans and programs are available to borrowers based on their credit, finances, and eligibility.

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