The current mortgage rate on a 30-year fixed mortgage fell by 0.03 percentage point in the last week to 7.05%.The APR on a 15-year fixed mortgage dropped 0.05 percentage point during the same period to 6.20%.Today’s average rate on a 30-year mortgage (fixed-rate) inched up to 7.05% from 7.03% yesterday.Today’s 15-year mortgage (fixed-rate) is 6.20%, down 0.05 percentage point from the previous week.