Mortgage Rates Today: April 16, 2025 - 15-Year Mortgage Rates Increase, 30-Year Rates Steady

Mortgage rates jump most since October, denting home demand

By Vince Golle | Bloomberg US mortgage rates jumped last week by the most since October on the back of heightened volatility in the Treasury market, causing a pullback in financing applications for home purchases and refinancing. The contract rate on a 30-year mortgage increased 20 basis points in the week ended April 11 to 6.81%, the highest since February, according to Mortgage Bankers Association data released Wednesday. Rates on adjustable a…

Mortgage Rates Today: April 16, 2025 - 15-Year Mortgage Rates Increase, 30-Year Rates Steady

Average mortgage rates increased for 30-Year fixed, 30-Year Jumbo and trended higher for 15-Year fixed rates.

Freddie Mac says the average rate on a 30-year mortgage rose to 6.83% this week, its highest level in eight weeks

Freddie Mac says the average rate on a 30-year mortgage rose to 6.83% this week, its highest level in eight weeks.