<ul data-eligibleForWebStory="true"><li>Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.81%, down 0.01% from the previous week.</li><li>Consider a 15-year fixed mortgage for lower rates, although with higher monthly payments due to the shorter loan term.</li><li>The 30-year fixed mortgage rate dropped to 6.81%, with an APR of 6.84%.</li><li>At 6.81%, a 30-year fixed mortgage results in around $652 per month in principal and interest per $100,000 borrowed.</li><li>The average interest rate on a 15-year fixed mortgage is 5.81%, costing approximately $834 per month for $100,000 borrowed.</li><li>Current rate for a 30-year fixed-rate jumbo mortgage is 7.14%, with a total interest of $143,365 over the loan term.</li><li>Mortgage rates fluctuated in 2024 despite Federal Reserve rate cuts, with a slight decrease in early 2025.</li><li>Experts forecast no significant drop in rates, influenced by economic factors and global events.</li><li>Multiple factors impact mortgage rates, including U.S. Treasury bond yields and Federal Reserve decisions.</li><li>Improving finances and maintaining good credit score can help qualify for competitive mortgage rates.</li></ul>

Mortgage Rates Today: June 12, 2025 – Rates Stand Still

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