Today’s 30-year mortgage interest rates rise to 6.63%, while 15-year mortgage rates climb to 5.88%
The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 18, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also 0.13 percentage points higher than yesterday.
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.63%, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is also 0.13 percentage points higher than yesterday.
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For several months, interest rates on 15-year mortgage loans were between 6% and 6.5%. But rates started dropping in August and September, and 15-year rates are now well below 6%. According to ...
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