Best Colorado Mortgage Lenders of 2023
What Are Current Mortgage Rates?
The 30-year fixed mortgage rate reached a new peak of 7.39% this week, eclipsing the previous record of 7.33% set last November. Most fixed and adjustable mortgage rates continued to march higher on the heels of recent employment and inflation reports, which highlight resilient U.S. economic conditions.
Mortgage interest rates are widely expected to fall through 2023 but have remained elevated during the first half of the year. Here are the current mortgage rates, without discount points unless otherwise noted, as of July 13:
30-year fixed: 7.39% (up from 7.26% a week ago).
20-year fixed: 7.44% (up from 7.32% a week ago).
15-year fixed: 6.68% (up from 6.61% a week ago).
10-year fixed: 6.7...
