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Writer's pictureTodd Probasco

Mortgage rates hold at lowest level in over a year | August 13, 2024

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.



Median interest rates last updated August 13, 2024. Rates are calculated based on data from over 500 mortgage lenders in all 50 states. Credible collects the data on a daily basis using the following information: $400,000 purchase price, $80,000 down payment, single-family primary residence, and a 740+ FICO score.


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