Current mortgage rates are up and higher than they were seven days ago and 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 rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

As of July 11, 2025, mortgage rates remain mixed, with the 30-year fixed at 6.625% and 15-year rates at 5.75%.