<ul><li>Today's average 30-year fixed-rate mortgage is at 6.94%, up from last week's 6.9%, with an APR of 6.97%.</li><li>Consider a 15-year fixed mortgage with an average rate of 6.06% for lower overall interest costs, despite higher monthly payments.</li><li>Experts do not anticipate a significant decrease in mortgage rates soon, with various economic factors affecting rate fluctuations.</li><li>When considering mortgage options, factors affecting rates include Federal Reserve decisions, U.S. Treasury bond yields, and global events disrupting financial markets.</li></ul>

Mortgage Rates Today: May 22, 2025 – 30-Year Rates Steady, 15-Year Rates Up

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