<ul data-eligibleForWebStory="true"><li>The current average mortgage rate on a 30-year fixed mortgage is 6.86%, compared to 6.86% a week earlier.</li><li>The average rate on a 15-year fixed mortgage is 5.87%, up 0.91% from the previous week.</li><li>Mortgage rates fluctuate weekly, affecting borrower interest payments and total loan costs.</li><li>30-year mortgage APR is 6.89%, costing $656 monthly, totaling $136,952 interest over the loan.</li><li>15-year mortgage APR is 5.92%, costing $837 monthly, totaling $51,069 interest over the loan.</li><li>30-year jumbo mortgage rate is 7.24%, costing $681 monthly, totaling $145,706 interest over the loan.</li><li>Mortgage rates exhibit complex trends influenced by economic indicators such as Treasury bond yields and Federal Reserve policies.</li><li>Factors like inflation, global events, and Fed decisions impact mortgage rates' direction.</li><li>Budgeting plays a crucial role in homeownership, and mortgage calculators help estimate costs.</li><li>Qualifying for better mortgage rates involves good credit, low DTI, and exploring programs mitigating additional charges.</li></ul>

Mortgage Rates Today: June 11, 2025 – Rates Hold Steady

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