As of Wednesday, May 7, 2025, the current national average mortgage rates in the United States are as follows:

• The average 30-year fixed mortgage interest rate is approximately 6.83%, with an APR (annual percentage rate) of about 6.89%

• The average 30-year fixed refinance mortgage rate is around 6.93% to 6.96% APR

• For other terms, the 15-year fixed mortgage rate averages near 6.02% interest with an APR of 6.11%

These rates have seen slight fluctuations recently, with the 30-year fixed rate declining about 5 basis points over the past week, while refinance rates have increased slightly

. Mortgage rates can vary based on lender, borrower creditworthiness, loan type, and other factors, so comparing offers from multiple lenders is recommended to find the best rate available