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Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate. (iStock)
The median interest rate on a 30-year fixed-rate mortgage is 6.490% as of August 13, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.625%, which is also unchanged from yesterday.
Analysts are hopeful that lower interest rates are on the horizon. The Federal Reserve has indicated that a cut could be considered in September.
With mortgage rates changing daily, it’s a…
