Mortgage rates are unchanged today. These days, it's good news when they don't move higher. According to Zillow, today's 30-year fixed mortgage rate remained at 6.73%, and the 15-year fixed rate held steady at 5.95%.
Friday, a solid jobs report bolstered the stock market, and bond market yields rose. The 10-year Treasury yield, a key indicator of mortgage rates, rose over 2.5% yesterday — that's likely to bring higher mortgage rates in the coming days if the trend holds through next week's trading.
Read more: What determines mortgage rates? It's complicated.
Here are the current mortgage rates, according to the latest Zillow data:
30-year fixed: 6.73%
20-year fixed: 6.35%
15-year fixed: 5.95%
5/1 ARM: 6.98%
7/1 ARM: 6.97%
30-year VA: 6.28%
15-year VA: 5.64%
5/1 VA: 6.28%
Remember, these are the national averages and rounded to the nearest hundredth.
Learn more: 8 strategies for getting the lowest mortgage rates
These are today's mortgage refinance rates, according to the latest Zillow data:
30-year fixed: 6.83%
20-year fixed: 6.34%
15-year fixed: 6.01%
5/1 ARM: 7.44%
7/1 ARM: 7.31%
30-year VA: 6.32%
15-year VA: 6.07%
5/1 VA: 6.08%
Again, the numbers provided are national averages rounded to the nearest hundredth. Mortgage refinance rates are often higher than rates when you buy a house, although that's not always the case.
Use the mortgage calculator below to see how today's interest rates would affect your monthly mortgage payments.
For a deeper dive, you can use Yahoo's free mortgage calculator to see how homeowners insurance and property taxes factor into in your monthly payment estimate. You even have the option to enter costs for private mortgage insurance (PMI) and homeowners' association dues if those apply to you. These details result in a more accurate monthly payment estimate than if you simply calculated your mortgage principal and interest.
There are two main advantages to a 30-year fixed mortgage: Your payments are lower, and your monthly payments are predictable.
A 30-year fixed-rate mortgage has relatively low monthly payments because you’re spreading your repayment out over a longer period of time than with, say, a 15-year mortgage. Your payments are predictable because, unlike with an adjustable-rate mortgage (ARM), your rate isn’t going to change from year to year. Most years, the only things that might affect your monthly payment are any changes to your homeowners insurance or property taxes.
The main disadvantage to 30-year fixed mortgage rates is mortgage interest — both in the short and long term.
A 30-year fixed term comes with a higher rate than a shorter fixed term, and it’s higher than the intro rate to a 30-year ARM. The higher your rate, the higher your monthly payment. You’ll also pay much more in interest over the life of your loan due to both the higher rate and the longer term.
The pros and cons of 15-year fixed mortgage rates are basically swapped from the 30-year rates. Yes, your monthly payments will still be predictable, but another advantage is that shorter terms come with lower interest rates. Not to mention, you’ll pay off your mortgage 15 years sooner. So you’ll save potentially hundreds of thousands of dollars in interest over the course of your loan.
However, because you’re paying off the same amount in half the time, your monthly payments will be higher than if you choose a 30-year term.
Dig deeper: 15-year vs. 30-year mortgages
Adjustable-rate mortgages lock in your rate for a predetermined amount of time, then change it periodically. For example, with a 5/1 ARM, your rate stays the same for the first five years and then goes up or down once per year for the remaining 25 years.
The main advantage is that the introductory rate is usually lower than what you’ll get with a 30-year fixed rate, so your monthly payments will be lower. (Current average rates don't necessarily reflect this, though — in some cases, fixed rates are actually lower. Talk to your lender before deciding between a fixed or adjustable rate.)
With an ARM, you have no idea what mortgage rates will be like once the intro-rate period ends, so you risk your rate increasing later. This could ultimately end up costing more, and your monthly payments are unpredictable from year to year.
But if you plan to move before the intro-rate period is over, you could reap the benefits of a low rate without risking a rate increase down the road.
Learn more: Adjustable-rate vs. fixed-rate mortgage
First of all, now is a relatively good time to buy a house compared to a couple of years ago. Home prices aren't spiking like they were during the height of the COVID-19 pandemic. So, if you want or need to buy a house soon, you should feel pretty good about the current housing market.
However, mortgage rates are unpredictable right now due to the political and economic climate. Experts don't think rates will plummet in 2025, so you might not want to base your decision on whether to buy strictly on interest rates. Recent news that home price gains are slowing, with predictions that house values may actually ease lower this year, can be part of your home buying decision.
The best time to buy is typically whenever it makes sense for your stage of life. Trying to time the real estate market can be as futile as timing the stock market — buy when it's the right time for you.
Read more: Which is more important, your home price or mortgage rate?
Have questions about buying, owning, or selling a house? Submit your question to Yahoo's panel of Realtors using this Google form.
According to Zillow, the national average 30-year mortgage rate is 6.73% right now. But keep in mind that averages can vary depending on where you live. For example, if you're buying in a city with a high cost of living, rates could be higher.
Overall, mortgage rates are expected to remain mostly steady in 2025. They probably won't drop significantly anytime soon.
Mortgage rates held firm today but are lower than where they were when they last peaked in mid-January.
In many ways, securing a low mortgage refinance rate is similar to when you bought your home. Try to improve your credit score and lower your debt-to-income ratio (DTI). Refinancing into a shorter term will also land you a lower rate, though your monthly mortgage payments will be higher.
We all know the struggles of not being able to see far away and if you need to, you have to carry around bulky binoculars. If you're hunting, at a sporting event, or doing any outdoor activity - you need the Starscope.
The Starscope was designed by the finest engineering and is all you need - It's small, light-weight, waterproof, and compact so you can take it with you anywhere.
You are able to see for miles with precision and depth to get the best view and amazing photos. It also turns your smartphone camera into a high-quality zoom lens that will bring your pictures to the professional level!
The Starscope is made of real, high-quality optical glass. They are multicoated just like the most expensive camera lenses, to give you super-clear images.
For a Limited Time, Get 50% Off
Oshenwatch is the latest bestselling smart watch that can help you to achieve yout health and fitness goal at home. Oshenwatch has biometric sensors that automatically measure your heart rate, blood pressure, blood oxygen, and even your sleep quality automatically. It is also designed to track your progress with apps designed to count your steps, record distances, and calculate all those calories you burn. You can also receive notifications for phone calls and text messages without even touching your phone with Oshenwatch. Oshenwatch is using advanced Bluetooth 4.0 technology lets you sync with any iOS or Android device wirelessly and provides about 96 hours of normal use and up to 15 days of standby time.
You can use it to monitor your health and crush those fitness goals all while staying connected to your family and friends. Its ideal as a gifts for this seasons, since everyone is looking to stay healthy and safe at home.
Do you also hate having slow Internet and losing the WLAN connection in some rooms? Nothing is worse than Internet sites that load forever and videos that don't start.
With Nettec Booster you can ensure that your entire home is optimally covered, no matter how far away you are from the router! Nettec Booster improves not only the WLAN signal strength in your home, but also the Internet speed! A device that everyone should have in their home.
DangoBuds's Wireless Bluetooth 5.0 Earbuds delivers incredible performance for at much cheaper price than nearest competitors. These high quality premium earbuds are perfect for taking hands free phone calls, working out, and delivers one of the the best voice and sound quality available on the market, comparable to the premium brands in the market.
DangoBuds comes with their ergonomic design give extreme wear-ability and comfort. Once in your ears, they stay there. You can take part in intense activities like running, climbing, camping or horse-riding without the slightest worry that your earphones are going to slip out.
The DangoBuds next generation earbuds have a 3-hour battery life (100 hours on standby) and each set includes a charging case that can power up your buds in just minutes. DangoBuds can also be used separately, or as a pair.
It's ideal as a gifts for your friends and family members.
TVCasterMax is a new device that's disrupting the cable TV industry. It uses cutting-edge technology to let you mirror all audio and video from your smartphone to your TV. The possibilities are endless. Watch YouTube, TV streaming services, powerpoint presentations, or simply browse the internet using your large TV as the screen and sound!
It is incredibly easy to use and small enough to be taken anywhere. Use it at home or bring it to the office. Simply plug it into any TV screen using an HDMI Cable, link it with your smartphone and you're ready to watch your mobile on the big screen! It's a perfect device you should have at home.
Your home's air can be 2-5 times more polluted than outside, containing dust, microbes and pollutants that can cause fatigue, headaches, congestion, and allergic reactions. When you spend 90% of your time indoors, this is major health issue. In fact, polluted air is ranked in the EPA's top five environmental dangers.
Proton Pure is a smart home device that improves the quality of your air indoors. In 30 minutes, it automatically filters 99.7% of invisible 0.1 micron particles - including dust, pollen, pet dander, and mold - in a 500 square feet space.
The MUAMA translator is the ideal device for all holidaymakers, business travellers and employees who frequently encounter language barriers. Difficulties caused by language barriers will soon be a thing of the past!
With just a few button clicks, language can be translated into over 43 languages in real time. The ultimate gadget for every traveller.
As we all know, loud snoring can sound like a freight train! The loud and awful noise can positively RUIN your partner’s sleep - leading to bad moods, arguments, even resentment!
Thankfully, this new breakthrough device can put an end to snoring forever! It uses intelligent technology to monitor for any indication of snoring – and if it detects any, it emits sensory feedback which stops the snoring dead in its tracks!
Copyright © 2025 drtrumpcare.com