<ul><li>Today's mortgage interest rates show a 30-year fixed mortgage at 6.85% and a 15-year fixed mortgage at 5.79%.</li><li>Borrowers will pay higher interest rates this week compared to last week, with 30-year mortgage rates up to 6.85%.</li><li>Mortgage rates are influenced by economic factors like U.S. Treasury bond yields, Federal Reserve decisions, and global events.</li><li>Experts do not anticipate a significant drop in mortgage rates soon, and borrowers can focus on factors like credit score and loan programs to secure lower rates.</li></ul>

Mortgage Rates Today: May 7, 2025 – 30-Year Mortgage Rates Increase, 15-Year Rates Steady

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