Current mortgage interest rates have seen some small changes. According to Zillow, the average 30-year fixed mortgage rate is sitting at 6.52% while the average 15-year fixed mortgage raInterest Rates

Current mortgage interest rates have seen some small changes. According to Zillow, the average 30-year fixed mortgage rate is sitting at 6.52% while the average 15-year fixed mortgage rate is 5.70%.

Experts expect rates to stay above 6% through the next few quarters, with the Fannie Mae July Housing Forecast predicting the average rate to be around 6.4% at the end of 2025 and mortgage rates not to hit 6% until Q3 2026. It could be a good time to lock in a mortgage rate, but ask mortgage lenders about rate float-down options. These let you re-lock in a rate if market rates decrease before you buy a house