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Mortgage Rates Today: December 4, 2024—Rates Remain Fairly Steady

  • The average interest rate on a 30-year fixed mortgage is 7.08%, down from 7.22% a week ago.
  • The average rate on a 15-year fixed mortgage is 6.25%, a decrease of 0.08 percentage point from the previous week.
  • Homeowners considering refinancing should compare current mortgage rates with their existing rate to determine if it's worth refinancing.
  • The current average interest rate on a 30-year fixed-rate jumbo mortgage is 7.15%, down 0.11 percentage point from last week.

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