<ul><li>The current mortgage rates for 30-year and 15-year fixed mortgages have increased recently.</li><li>30-year fixed-rate mortgage is at 6.91% while the APR is 6.94%. A $100,000 loan at this rate would have a monthly payment of around $659.</li><li>15-year fixed-rate mortgage is at 5.95%. With this rate, a $100,000 loan would have a monthly payment of $841.</li><li>Factors influencing mortgage rates include Federal Reserve decisions, U.S. Treasury bond yields, and global events like the Covid-19 pandemic.</li></ul>

Mortgage Rates Today: May 21, 2025

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