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Check out the mortgage rates for Dec. 15, 2022, which are mixed from yesterday. (Credible)
Based on data compiled by Credible, mortgage rates for home purchases are mixed today, with two key rates rising, one falling, and another holding steady since yesterday.
Rates last updated on Dec. 15, 2022. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, has 5,000+ Trustpilot reviews with an average star rating of 4.7 (out of a possible 5.0).
What this means: Rates for a 20-year mortgage edged down since yesterday, falling to their lowest levels since August. Meanwhile, 15- and 30-year rates rose significantly, and 10-year rates held steady. Borrowers seeking a longer repayment term stand to see greater interest savings with 20-year rates, which are currently the lowest available at 5.5%. Rates for this term offer the combination of a low interest rate and manageable monthly payment.
To find great mortgage rates, start by using Credible’s secured website, which can show you current mortgage rates from multiple lenders without affecting your credit score. You can also use Credible’s mortgage calculator to estimate…
