Daily mortgage rates for March 1, 2024: Steady rates

The average rate on a 30-year fixed mortgage is 7.46%, and on a 15-year fixed-rate mortgage, it’s 6.68%. The average rate on a 30-year jumbo mortgage is 7.35%. The average mortgage rate for 30-year fixed loans rose slightly today to 7.46% from 7.44% last week, according to data from Curinos. This is up from last month’s 7.14% and up from a year ago when it was 6.11%. At the current 30-year fixed rate, you'll pay about $704 each month for every $100,000 you borrow — up from about $706 last week. To continue reading the rest of the article, please click on the source link below: https://www.usatoday.com/money/blueprint/mortgages/mortgage-rates-03-01-24/