As of May 18, 2025, current home loan (mortgage) interest rates in the U.S. are approximately:
- 30-year fixed mortgage: around 6.89% to 6.96% APR
- 15-year fixed mortgage: about 6.08% to 6.18% APR
- 20-year fixed mortgage: roughly 6.61% APR
- 10-year fixed mortgage: about 6.07% APR
These rates have seen slight fluctuations recently, with the 30-year fixed rate rising about 6 basis points over the last week
. Different types of loans have slightly different rates, for example:
- FHA 30-year fixed: ~6.91% APR
- VA 30-year fixed: ~6.94% APR
- Jumbo 30-year fixed: ~6.92% APR
In India, home loan interest rates range roughly from 7.85% to 9.50% per annum depending on the lender and loan type, with processing fees and other charges varying by bank
. Home loan interest rates can be either fixed (remain the same throughout the loan tenure) or floating (vary with market rates and central bank policies)
. In summary, the average mortgage interest rates in the U.S. for May 2025 are near 6.9% for a 30-year fixed loan and about 6.1% for a 15-year fixed loan, while rates vary by country and lender
