Posted 1/16/2024, 12:49:29 PM
Mortgage Rates Down Slightly But Expected to Fluctuate in Coming Years
- Mortgage rates down this week compared to last week, but expected to fluctuate throughout 2024
- 30-year fixed mortgage rates currently 6.94%, 15-year fixed rates 6.32%
- Fed policies indirectly impact mortgage rates, rates expected to stay in current range for now
- Many factors influence mortgage rates like inflation, economic conditions, credit score
- Experts recommend shopping lenders, comparing rates and loan terms to find the best rate