As of Monday, May 5, 2025, the current national average mortgage interest rates are as follows:
- The average 30-year fixed mortgage interest rate is approximately 6.78%, with an APR around 6.85%.
- The average 30-year fixed refinance mortgage rate is about 6.91%, with an APR near 6.98%.
- The average 15-year fixed mortgage interest rate is around 5.95%, with an APR of about 6.05%
These rates have seen slight fluctuations recently, with the 30-year fixed rate falling by about 8 basis points over the past week. Rates can vary depending on lender, loan type, credit score, and other factors, so it is advisable to compare offers from multiple lenders to find the best rate available
