30-year fixed mortgage rates climb 7 basis points to 6.25%, while 15-year rates increase 9 basis points to 5.66%, per Zillow data.
US mortgage rates reversed course, with the 30-year fixed rate rising 7 basis points to 6.25% and the 15-year fixed rate increasing 9 basis points to 5.66%. The moves follow a brief dip and align with recent volatility in bond markets.
Yesterday’s rates stood at 6.18% for the 30-year and 5.57% for the 15-year, reflecting a steady upward trend after a short-lived decline. Refinance rates also edged higher, with the 30-year fixed refinance rate at 6.18%.
The increases come amid shifting expectations for Federal Reserve policy and mixed economic data, though no immediate market reaction was reported.