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Mortgage Rates Today: February 28, 2025 – Rates Remain Fairly Steady

  • The current mortgage rate on a 30-year fixed mortgage fell by 0.20 percentage point in the last week to 6.6%.
  • The APR on a 15-year fixed mortgage dropped 0.25 percentage point during the same period to 5.68%.
  • The average rate on a 30-year mortgage is 6.6%, compared to last week when it was 6.81%.
  • The 15-year mortgage rate dropped to 5.68%, lower than it was one day ago.

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