Posted 12/12/2023, 4:09:43 PM
Mortgage Rates Largely Unchanged, Holding Near 4-Month Lows
- 30-year mortgage rates held steady at 7.43% on Monday after rising last Friday, remaining near a 4-month low
- 15-year rates dipped to 6.83%, also staying near a recent low point
- Jumbo 30-year rates were unchanged at 6.69% for the 6th straight day, also a 4-month low
- Refinancing rates mostly moved downward, with 30-year refi rates dropping back below 8%
- State averages for 30-year purchase loans ranged from 6.54% in New York to 8.28% in Oregon