Mortgage rates are holding steady as the holiday week begins, with the 30-year fixed rate at 6.01% and the 15-year fixed rate at 5.47% according to Zillow data. Refinance rates are slightly higher, with the 30-year fixed refinance rate at 6.09% and the 15-year fixed refinance rate at 5.60%. It’s important to note that these rates are national averages and rounded to the nearest hundredth. The choice between a 15-year and 30-year mortgage depends on factors like interest rates and monthly payments, so be sure to shop around for the best lenders and rates. Additionally, consider improving your credit score or saving for a higher down payment to secure lower rates. Predictions from the MBA and Fannie Mae suggest mortgage rates will remain above 6% in the coming years.

Read more at Yahoo Finance: Mostly unchanged for 2 months