Home RatesMortgage Rates

-7bps this week

Mortgage Rate Trends

Follow 30-year mortgage rate movement, rate-lock context, and the monthly payment impact of small APR changes.

Average 30-year fixed

6.72%

Benchmark average

6.90%

User opportunity

7 bps can matter on large balances

Historical archive

Mortgage Rates over time

-7bps this week

Jun 23

7.01%

Jun 24

7.15%

Jun 25

7.15%

What changed

Mortgage Rates moved down by 7 basis points this week.

Why it matters

Should I lock, wait, or compare lenders?

What to do next

Run payment scenarios and compare lender quotes before you lock.

How we track this rateShow

SourceSwitchWize Rate Scout (Bankrate), updated daily

Method30-year fixed mortgage rate sourced from SwitchWize Rate Scout daily scrape of Bankrate lender quotes. Rate assumes good credit (700+ FICO) and 20% down payment. Individual quotes vary by lender, credit score, and loan size.

Verified existing coverage

Use what SwitchWize already has

6 links

GuideBest Mortgage Rates: Compare Lenders and Save ThousandsCompare the best mortgage rates 2026 from top lenders. See live rates, dollar-impact examples, and step-by-step tips to lock in the lowest APR for your home.GuideA HELOC as a Standby Emergency Fund: Smart Hedge or Expensive Trap?Some people open a HELOC and leave it unused as backup cash. It is cheap to hold, but a lender can freeze it exactly when you need it. Here is when a standby HELOC helps and when it fails.GuideBuying Mortgage Points: The Breakeven That Tells You If It PaysMortgage points buy down your rate for an upfront fee. Whether they pay comes down to one number: how long until the monthly savings repay the cost. Here is the breakeven math.GuideMortgage Recast vs Refinance: Lower Your Payment Without the Closing CostsIf you are locked into a low mortgage rate, refinancing means giving it up. A recast lowers your payment for a few hundred dollars while keeping your rate. Here is when each one wins.CalculatorMortgage CalculatorCalculate your monthly payment, total interest, and full amortization schedule.ComparisonProduct comparisonExisting SwitchWize comparison page connected to this rate.

Related rate pages

All rates

Benchmark

10-Year Treasury

-6bps this week

4.15%

10-year Treasury yield

Follow the market yield that often influences mortgage pricing and long-term rate sentiment.

Product rate

HELOC Rates

No weekly change

8.20% APR

Best HELOC APR

Track HELOC APR movement and see how prime-rate changes can flow into variable home-equity borrowing.

Product rate

Personal Loans

No weekly change

7.49% APR

Best personal loan APR

Follow personal loan APRs and compare them against high-rate card debt or large planned expenses.

Benchmark

Fed Funds

No weekly change

3.63%

Fed funds midpoint

Track the Fed policy rate and how it can affect savings APYs, CD rates, mortgage rates, and credit card APRs.