June 5, 2025

mortgage rates today

Mortgage

Mortgage rates today edge higher after mixed inflation data

Mortgage rates ticked up slightly on May 14, 2025, following a mixed April inflation report from the Bureau of Labor Statistics. While year-over-year inflation cooled to its slowest pace since February 2021, housing costs remain elevated—contributing to instability in mortgage interest rates across the board. Today’s mortgage interest rates According to Zillow data, the average

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Mortgage

30-year fixed climbs to 6.70%

Mortgage rates increased across most term lengths today, according to new data from Zillow. The average 30-year fixed mortgage rate rose by nine basis points to 6.70%, while the 15-year fixed rate climbed five basis points to 5.95%. Adjustable rates also moved higher, with the 5/1 ARM jumping 15 basis points to 6.88%. The Federal

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