As of June 9, 2021, the average 30-year fixed mortgage rate is 2.99%. The average 15-year fixed mortgage rate is 2.24%. Other key current rates are listed in the table below:

Mortgage Type Interest Rate
30-Year Fixed-Rate Mortgage 2.99%
20-Year Fixed-Rate Mortgage 2.80%
15-Year Fixed-Rate Mortgage 2.24%
10-Year Fixed-Rate Mortgage 2.16%
7/1 ARM (Adjustable-Rate) 2.45%
5/1 ARM (Adjustable-Rate) 2.42%
30-Year FHA 2.55%
30-Year VA 2.71%
30-Year Jumbo 3.09%
15-Year Jumbo 2.29%


Rates on fixed-rate mortgages continue to be in somewhat of a holding pattern for the past six weeks or so, after a significant rise early in 2021 that then settled down during the month of April.

Nevertheless, current mortgage rates continue to be at historic lows, with the average fixed-rate mortgage sitting below 4% for over two years. It continues to be a great time to buy in terms of today’s mortgage rates, provided of course you can successfully land a property in today’s hot real estate (seller’s) market.