Overview

• The 30-year fixed mortgage rate averages 6.87%, with slight daily variations observed.
• Refinance rates for 30-year loans have seen a modest increase to 6.97%.
• Jumbo mortgage rates show minor fluctuations, averaging around 7.13%.
• Rates for 15-year fixed mortgages hold steady at approximately 6.06%.
• Economic factors such as Federal Reserve policies and inflation continue to influence mortgage rate trends.