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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.
Loan Type New Purchase Rates Daily Change 30-Year Fixed 7.15% +0.04 FHA 30-Year Fixed 7.37% No Change VA 30-Year Fixed 6.75% +0.01 20-Year Fixed 7.05% +0.05 15-Year Fixed 6.13% +0.02 FHA 15-Year Fixed 6.78% No Change 10-Year Fixed 6.16% -0.02 7/6 ARM 7.54% -0.05 5/6 ARM 7.54% +0.01 Jumbo 30-Year Fixed 7.16% +0.06 Jumbo 15-Year
Mortgage rates remained mostly stable heading into Memorial Day weekend, with the average 30-year fixed rate holding at 7.13% as of May 23, 2025, according to Zillow. Here’s a breakdown of how today’s rates compare across different loan types and what borrowers should know before locking in a loan. Today’s national mortgage rates 30-year fixed:
Mortgage rates continued to increase across the United States, with experts attributing the rise to more real estate inventory. But on Long Island, inventory remains low and continues to put buyers in a financial bind. The average 30-year fixed mortgage rate rose to 6.86% nationally as of Thursday, mortgage giant Freddie Mac’s weekly Primary Mortgage Market Survey
Federal Housing Finance Agency director Bill Pulte explains how President Donald Trump is making home ownership affordable again on ‘Making Money.’ Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed
The national average 30-year fixed mortgage rate rose to 7.14% on May 22, 2025, according to data from Zillow. That’s an increase of 13 basis points from last week’s average of 7.01%, continuing an upward trend in borrowing costs that began earlier this spring. Latest mortgage rates as of May 22, 2025 Here’s how today’s
President Donald Trump said on Wednesday that he is giving “very serious consideration” to taking mortgage giants Fannie Mae and Freddie Mac public, more than 15 years after they were taken under government control to stabilize the U.S. economy in the wake of the 2008 housing market collapse. “I am giving very serious consideration to
Key Takeaways Just the prospect that President Donald Trump’s tax bill could pass pushed bond yields higher today. When bond yields rise, especially that of 10-year Treasurys, mortgage rates typically climb as well. The 10-year Treasury yield jumped 11 basis points today, and in turn, rate quotes for 30-year mortgages were up 5 basis points
Fannie Mae now forecasts mortgage rates to slip back under 6% by the second quarter of 2026 as it elevated its gross domestic product outlook and modified its home sales projections. The origination forecast, while increased over both its March and April projections, other than for rates, remains more conservative than the Mortgage Bankers Association’s