Mortgage rates are on the rise, with the national average for a 30-year fixed mortgage at 6.00% and a 15-year rate at 5.50%. Refinance rates are even higher, with a 30-year fixed rate at 6.14%. Your mortgage rate plays a significant role in your monthly payments, so it’s important to shop around for the best offer. Consider a fixed-rate mortgage for predictability or an adjustable-rate mortgage for flexibility. Mortgage rates have fallen since May and are expected to fluctuate slightly, with forecasts predicting rates to remain around 6% for the rest of 2025.

Read more at Yahoo Finance: Some lenders are offering 6%, or lower, on 30-year loans