Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms remain at 6.13%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.13%, which is also unchanged from yesterday. Due to encouraging economic data, the Fed cut the federal funds rate by 0.25 percentage points on…

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