Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024

The interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 8, which is 0.135 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from yesterday. 

With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best deal. 

Rates last updated on May 8, 2024.