Fannie Mae now predicts rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.

Mortgage Rates Today, July 3, 2025: 30-Year Rates Climb to 6.70% Mortgage rates are up, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.70%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.86%.

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan rates, while lower, still have a nearly 12% average. Meanwhile, rates on home equity products sit in the low-to mid-8% range.