Today’s mortgage rates for May 9, 2024: Rates remaining steady

Today’s 30-year fixed mortgage rate is 7.56% which is slightly higher than last week's 7.53%, according to data from Curinos. This is an increase from last month’s 7.39%. Last year around the same time, 30-year fixed rates were 6.92%, which makes today’s rate much higher than it was a year ago. At the current 30-year fixed rate, you'll pay about $702 each month for every $100,000 you borrow — down from about $715 last week. Ready to buy? Compare the best mortgage lenders.   To continue reading the rest of the article, please click on the source link below: https://usatoday.com/money/blueprint/mortgages/mortgage-rates-05-09-24/