<ul><li>Today's average mortgage rate on a 30-year fixed mortgage is 6.8%, up from 6.73% last week.</li><li>The APR on a 30-year fixed-rate mortgage is 6.83%, with borrowers paying about $135,365 in total interest over the loan's life.</li><li>The 15-year fixed mortgage rate is currently 5.77%, with borrowers paying around $50,140 in total interest.</li><li>Mortgage rates follow economic factors, including U.S. Treasury bond yields and decisions by the Federal Reserve.</li></ul>

Mortgage Rates Today: May 8, 2025 – Rates Don’t Move

Discover more