In October 2024, 30-year mortgagerates averaged around 6.24%, according to Zillow data. Average 15-year mortgagerates were 5.56%. Today's mortgage interest rates are even higher.
The mortgage firm predicts rates will dip slightly in the fourth quarter of 2024 with a 6.4% average. Fannie Mae projects average 30-year rates will reach 5.9% by the end of 2025.
Of course, if you're planning to buy a new home or considering refinancing your home, it's important to know what mortgagerates you can expect to see. We've compiled a list of today's average ...