Mortgage rates are cratering: 30-year fixed hits 6.375%
As of today (August 14, 2025) mortgage rates remain elevated to historical standards continuing to pressure buyers. However, the market is cooling. Today’s 30-year fixed rate stands at 6.375%, while the 15-year fixed is 5.5%—unchanged from earlier this week. Current mortgage rate averages Zillow Home Loans has listed the following as average rates: 30-Year Fixed: