Current mortgage rates are down, but higher than they were seven days ago. Rates are lower than they were in early 2025, when the average 30-year fixed-rate mortgage reached above 7%. Even though Federal Reserve policy doesn’t directly impact today’s mortgage rates, they have been easing since the Fed began cutting rates in late 2024.

The average 30-year fixed mortgage interest rate is 6.75% today, up 0.04% from seven days ago. The average rate for a 15-year fixed mortgage is 6.00%, which is an increase of 0.06% compared to a week ago. To secure a lower mortgage interest rate, consider increasing your down payment, improving your credit score or purchasing mortgage points.

This week, the average rate on a 30-year mortgage dropped to 5.27% from 5.45% last week. But those average rates on a 30-year mortgage are significantly higher than the 52-week low of 3% and ...

Mortgage rates turned upward this week after falling the previous five weeks in a row. The 30-year fixed-rate mortgage averaged 6.78% APR, up four basis points from the previous week's average, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.

April, 30-year mortgage rates have now ticked higher for four consecutive weeks. That brings them to about their highest level in a year.

Well, it’s finally happening, mortgage rates are rising. The average interest rate on a 30-year-fixed rate mortgage has reached 3.22%, according to a Freddie Mac survey. That’s the highest ...

Mortgage rates are beginning to feel the impact of the debt-ceiling standoff, jumping higher for the second week in a row amid the uncertainty. CNN values your feedback 1.

We talked to three mortgage loan officers to get their takes on what could impact rates this fall. Below, we gathered what they had to say and what it could mean for your homebuying plans.

Happily, the answer is yes: the 2024 election will impact mortgage rates, though not immediately. That’s because mortgage rates are influenced more by macroeconomic factors than political factors.

Key Takeaways Mortgage rates have been elevated for the better part of three years, and many are anxious to see them move lower.While a modest drop in mortgage rates will help improve market conditions,