Mortgage rates drop, with 30-year fixed at 6.47% and 15-year fixed at 5.86%.

From Yahoo Finance: 2025-03-21 06:00:00

Today, mortgage rates have dropped, with the average 30-year fixed rate at 6.47% and the 15-year fixed rate at 5.86%. The 10-year Treasury yield has also been falling, impacting longer-term loans like mortgages. National averages for various mortgage types are: 30-year fixed: 6.47%, 20-year fixed: 6.20%, 15-year fixed: 5.86%, 5/1 ARM: 6.56%, 7/1 ARM: 6.39%, 30-year VA: 6.02%, 15-year VA: 5.54%, 5/1 VA: 6.07%. Refinance rates are slightly higher. Interest rates may decrease by the end of 2025, making it a good time to consider buying or refinancing a home.



Read more at Yahoo Finance: Lowest 30-year rate in a week