Early forecasts called for a gradual decline in mortgage rates (potentially reaching 6% by the end of 2025), but concerns over a potential recession and uncertain trade policies h

Mortgage rates are up today, and under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.99%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

Pay some points: Points are a form of prepaid interest, with each point equaling 1% of your loan amount. In return for points, lenders will typically offer you a lower monthly interest rate. For example, if the lender provides a reduction of 0.25% per point, two points would reduce your rate by 0.50%.