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Mortgage Rates Explode Higher for Homebuyers. Today's Mortgage Rates, Oct. 25, 2024

Table of Contents

  • Today’s average mortgage rates
  • Recent mortgage rate trends
  • Will mortgage rates go down this year?
  • What are the different mortgage types?
  • Calculate your monthly mortgage payment
  • Where can I find the best mortgage rates?

Article updated on Oct 25, 2024

Could average 30-year fixed mortgage rates climb past 7% again? Here's what experts are saying.

Our Experts

Katherine WattLaura Michelle Davis

Written by 

Katherine Watt

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.

See full bio

Edited by 

Laura Michelle Davis

Laura Michelle Davis

Editor

Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.

See full bio

    Mortgage
  • 30-year fixed-rate

    6.80% (+0.25)

  • 15-year fixed-rate

    6.07% (+0.24)

  • 30-year fixed-rate jumbo

    6.82% (+0.16)

  • 5/1 ARM

    6.26% (+0.14)

  • 10-year fixed-rate

    6.07% (+0.28)

  • Refinance
  • 30-year fixed-rate refinance

    6.77% (+0.23)

  • 15-year fixed-rate refinance

    6.08% (+0.20)

  • 10-year fixed refinance

    6.10% (+0.29)

Our Experts

Katherine WattLaura Michelle Davis

Written by 

Katherine Watt

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.

See full bio

Edited by 

Laura Michelle Davis

Laura Michelle Davis

Editor

Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.

See full bio

Photo by: Education Images/Universal Images Group via Getty Images

Katherine Watt

Written by

Katherine Watt

Writer

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.

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Source: cnet.com

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