Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that prediction is from the group's August 15 forecast). Fannie Mae projects a 6.4% average.

As of September 23, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 5.990%, which is unchanged f

These are today's mortgage and refinance rates. Mortgage rates dropped this month and remain substantially lower than they've been for most of 2024.