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Mortgage and refinance interest rates today, May 16, 2025: Year-over-year rates have decreased

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Summary
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74% Informative

The 30-year fixed interest rate is up five basis points to 6.81% , and the 15-year rate has inched up by three basis points.

Mortgage interest rates are still down from this week last year .

Use this mortgage calculator to see how your mortgage amount, rate, and term length will impact your monthly payments.

Mortgage rates have been a volatile over the last several weeks .

The national average 30-year mortgage rate is up five basis points to 6.81% , and the average 15-year rate is 5.92% Freddie Mac says the national average mortgage rate has increased by three basis points.

How low will mortgage rates go in 2025 ?.

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English

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31

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