The mortgage rates today for a 30-year fixed mortgage is 7.24% and for a 15-year fixed mortgage is 6.31%.
The average rate on a 30-year fixed mortgage rose to 7.24% today from 7.20% yesterday.
The APR on a 30-year fixed mortgage is 7.26%, lower than last week, which includes the loan's interest rate and finance charges.
According to the Forbes Advisor mortgage calculator, borrowers with a 30-year fixed-rate mortgage of $100,000 will pay $681 per month in principal and interest, with a total interest paid of approximately $145,266 over the life of the loan.