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U.S. Mortgage Rates See Slight Increases Across Most Terms

Latest data shows minor upticks in 30-year and 15-year mortgage rates, with slight variations across different loan types.

  • The average rate for a 30-year fixed mortgage is now 6.885%, up from 6.852%.
  • 30-year jumbo mortgage rates have risen to 7.207% from 7.167%.
  • 15-year fixed mortgage rates have increased to 6.125%, up by 0.125 percentage points.
  • Rates for FHA, VA, and USDA loans show minor fluctuations, with some decreases observed.
  • Economic conditions, inflation, and Federal Reserve policies continue to influence mortgage rate trends.
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