Mortgage rates fluctuate almost daily based on economic conditions. Today’s mortgage rates hold at 6.88% for 30-year terms, while 15-year terms increase to 6.25%.

For June 26, 2025, the national average 30-year fixed mortgage rate is 6.96% for a new home purchase, which is down compared to last week’s rate of 6.93%.

Prospective homebuyers often gravitate toward the 30-year fixed-rate mortgage, and for good reason. It gives you lower monthly payments because you spread the loan out over three decades, unlike a ...

The rate on a 30-year fixed refinance increased to 6.92% today, according to the Mortgage Research Center. Rates averaged 5.84% for a 15-year financed mortgage and 6.79% for a 20-year financed ...

As of August 19, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.375%, which is 0.115 percentage points lower ...

What to know about current mortgage rates: The downward trend in daily rates continues. According to Money’s survey, the 30-year fixed-rate loan averaged 6.893 yesterday, a decrease of 0.018 ...

Here's how much interest you'd pay on a $350,000 mortgage at 7.25% with a 30-year vs. 40-year term. Both calculations assume ...

As of August 9, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.490%, which is unchanged from yesterday.

A 30-year refinance at a 6.01% rate would equal a monthly payment of about $1,630, while total mortgage interest would add up to around $315,253 over the 30 years.

Average mortgage rates are trending higher as of Monday, March 31, 2025, with the 30-year fixed rate opening the week at 6.75% — some 30 basis points lower than at the start of the year.

Let’s compare the interest costs of a 15-year versus 30-year $200,000 mortgage. We’ll use the same 6% interest rate for each for the sake of example, although 15-year loans typically come with ...

Mortgage rates fluctuate almost daily based on economic conditions. Today’s mortgage rates rise to 5.75% for 15-year terms, while 30-year terms stay at 6.49%.