The current average mortgage rate on a 30-year fixed mortgage is 7.30% with an APR of 7.32%, according to Curinos. The 15-year fixed mortgage has an average rate of 6.53% with an APR of 6.56%. On a 30-year jumbo mortgage,

The National Association of Realtors predicts mortgage rates will be around 6 percent in 2025. Meanwhile, Redfin predicts mortgage rates will remain in the high-6 percent range throughout 2025, with the weekly average rate fluctuating throughout the year but averaging around 6.8 percent.

For the second day in a row, mortgage rates have moved higher at a modest to moderate pace. Unfortunately, that's been a trend so far in 2025 and it's compounded by the fact that rates were already close to their recent highs.

Mortgage rates are starting 2025 at the highest they've been since last summer on expectations that the Fed will keep rates higher longer.

As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of interest rates.

At HousingWire ’s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. That was up 2 basis points (bps) from a week ago. The 15-year fixed rate was slightly higher at 7.11% and was up 11 bps in the past week.

There aren't likely to be any dramatic dips in mortgage rates in the near future. New year, new housing market? Not exactly. In early 2025, affordability remains a major challenge for prospective homebuyers,