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Image Credit: Forbes

Mortgage Rates Today: May 12, 2025 – Rates Stay Put

  • The current mortgage rate on a 30-year fixed mortgage rose by 0.58% in the last week to 6.82%.
  • The APR on a 15-year fixed mortgage climbed 0.05 percentage point during the same period to 5.79%.
  • Experts predict that mortgage rates are not expected to drop significantly anytime soon.
  • Factors influencing mortgage rates include U.S. Treasury bond yields, Federal Reserve decisions, and global events.

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