15-Year Mortgage Rates Climb as 30-Year Rates Stabilize

In a fluctuating market, 30-year mortgage rates remain steady while 15-year terms experience a slight increase.

30-year fixed-rate mortgage interest rates are holding steady at 7.125%, unchanged from the previous day.
15-year fixed-rate mortgage interest rates have risen by 0.250 percentage points, now at 6.375%.
Despite recent volatility, average rates for popular mortgage terms are maintaining below 7%.
Freddie Mac reports a slight increase in 30-year fixed-rate mortgages to 6.82%, with 15-year rates decreasing.
The Federal Reserve maintains its target interest rate, with expectations of rate cuts by the end of the year.