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Image Credit: Forbes

Mortgage Rates Today: May 9, 2025 – Rates Stay Put

  • Current average mortgage rate on a 30-year fixed mortgage is 6.77%, up from 6.71% last week.
  • Average rate on a 15-year fixed mortgage is 5.72%, a 1.04% increase from the previous week.
  • Today’s average rate on a 30-year fixed-rate jumbo mortgage climbed to 7.19%.
  • Mortgage rates are influenced by economic factors such as U.S. Treasury bond yields, Federal Reserve decisions, and global events.

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