Mortgage rates are holding steady today as homebuyers weigh options amid a still-volatile housing market. Read the latest housing updates here before checking rates. According to Zillow, the national average 30-year fixed mortgage rate stands at 7.09% as of Tuesday, May 27, 2025 — unchanged from the day prior but up slightly from last week.
National mortgage rates today
Mortgage rates continue to trend upward overall, but today’s numbers reflect modest changes.
Current averages:
- 30-year fixed: 7.09% (↑ 0.01% from last week)
- 15-year fixed: 6.14% (↑ 0.02%)
- 5-year ARM: 6.54% (no change)
Meanwhile, government and jumbo loan products saw sharper moves:
Conforming loan rates:
| Program | Rate | Weekly Change |
|---|---|---|
| 30-Year Fixed | 7.09% | +0.01% |
| 20-Year Fixed | 6.96% | -0.05% |
| 15-Year Fixed | 6.14% | +0.02% |
| 10-Year Fixed | 6.07% | No change |
| 5-Year ARM | 6.54% | -1.39% |
Government-backed loans:
- FHA 30-year fixed: 7.75% (↑ 0.73%)
- VA 30-year fixed: 6.54% (steady)
Jumbo loans:
- 30-year fixed jumbo: 7.32% (↓ 0.24%)
- 5-year ARM jumbo: 7.52% (↓ 0.41%)
How to get the best mortgage rate
Whether buying or refinancing, a few smart moves can help secure a lower rate:
- Shop multiple lenders for rate and fee comparisons
- Improve your credit score before applying
- Make a larger down payment (20% or more helps)
- Compare different loan types — like 15-year or ARM options
Zillow’s full rate comparison tool can help buyers tailor options by location, credit score, and down payment amount.
Should you lock in your mortgage rate?
With rates fluctuating weekly, locking in can protect against short-term spikes. However, some borrowers may prefer to wait if their timeline allows, especially if inflation data softens in coming weeks.
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