A 6.5% rate could be the new normal

A 6.5% rate could be the new normal

Today’s mortgage rates have increased. According to Zillow, the 30-year fixed mortgage rate is up four basis points to 6.51%, and the 15-year fixed interest rate has risen by three basis points to 5.89%. No one has a crystal ball to see what mortgage rates will do for the rest of 2025 — but it…

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Rates tick up after jobs report

Rates tick up after jobs report

Most mortgage rates have inched up today. According to Zillow, the 30-year fixed mortgage rate has increased by three basis points to 6.57%, and the 15-year fixed rate has risen by four basis points to 5.88%. These small increases are likely a response to the latest labor data. Yesterday, the U.S. Bureau of Labor Statistics…

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