Current average mortgage rates: 30-year fixed at 6.93%, 15-year fixed at 5.93%, 30-year jumbo at 7.54%.
Today's 30-year mortgage rate is 6.93%, down 0.19% from last week, with an APR of 6.96%.
15-year fixed-rate mortgage is at 5.93% today, down 1.27% from the previous week, with an APR of 5.98%.
Experts foresee mortgage rates to stabilize without significant drops in the near future, influenced by economic factors like the Federal Reserve's decisions.