Early forecasts called for a gradual decline in mortgage rates (potentially reaching 6% by the end of 2025), but concerns over a potential recession and uncertain trade policies h

The average rate on a 30-year fixed mortgage hit 7.04% on Monday, its highest level since April 11. These are today's mortgage and refinance rates. The U.S. credit rating was recently downgraded by Moody's, causing mortgage rates to tick up. Lock in your rate today.

Mortgage rates rose in the past week, but they remain relatively stable and are unlikely to further constraint housing affordability.

After hitting a peak of 7.04% in January 2025 ... mid-6% range at least into the summer.” J.P. Morgan: Mortgage rates will remain above 6.5% in 2025 According to financial services firm J.P ...

Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest-rate states have averages between 6.73% and 6.92%.