The mortgage interest rate on a 30-year fixed mortgage is 7.20%.
The average rate on a 15-year mortgage is 6.30%.
On a 30-year jumbo mortgage, the average rate is 7.16%.
A $100,000 mortgage with a 30-year fixed-rate loan at 7.20% will cost $679 per month, totaling around $144,437 in total interest over the life of the loan.