Mortgage Rates See Mixed Movement Amid Economic Shifts
While some rates drop, others rise following positive job growth and inflation data.
- 30-year fixed mortgage rates vary between 6.625% and 7.08%.
- 15-year fixed mortgage rates range from 6.00% to 6.56%.
- Economic factors like inflation and job reports influence rate fluctuations.
- The Federal Reserve holds the benchmark rate steady, with potential cuts expected later in the year.
- Homebuyers are advised to compare lenders to secure the best rates.