Daily mortgage rates for August 6, 2024: Rate movements mixed

Category: Finance

Current mortgage rates are 6.89% for 30-year fixed loans, 6.07% for 15-year fixed loans, and 7% for jumbo loans. Rates have decreased from previous months. Factors influencing mortgage rates include the economy, inflation, and individual financial profiles. Strategies to secure better rates include checking credit scores, comparing lenders, improving credit, reducing debt, and opting for shorter repayment terms.

Keywords: Mortgage Rates, 30-Year Fixed, 15-Year Fixed

Source: Sound Dollar

Update At: 8/6/2024

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