{"id":107,"date":"2025-09-15T10:21:50","date_gmt":"2025-09-15T10:21:50","guid":{"rendered":"http:\/\/www.capitalskips.com\/?p=107"},"modified":"2025-09-15T12:08:35","modified_gmt":"2025-09-15T12:08:35","slug":"mortgage-rates-today-september-15-2025-rates-hold-firm","status":"publish","type":"post","link":"http:\/\/www.capitalskips.com\/index.php\/2025\/09\/15\/mortgage-rates-today-september-15-2025-rates-hold-firm\/","title":{"rendered":"Mortgage Rates Today: September 15, 2025 \u2013 Rates Hold Firm"},"content":{"rendered":"

Today, the mortgage interest rate<\/a><\/span> on a 30-year fixed mortgage is 6.25%<\/strong>, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.25%<\/strong>. On a 30-year jumbo mortgage, the average rate is 6.65%<\/strong>.<\/p>\n

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30-Year Mortgage Rates Drop 0.78%<\/h2>\n

Today’s average rate on a 30-year, fixed-rate mortgage is 6.25%, which is 0.78% lower than last week.<\/p>\n

The interest plus lender fees, called the annual percentage rate (APR<\/a><\/span>), on a 30-year fixed mortgage is 6.28%. The APR was 6.33% last week.<\/p>\n

To get an idea about how much you might pay in interest, consider that the current 30-year, fixed-rate mortgage of 6.25% on a $100,000 loan will cost $615 per month in principal and interest (taxes and fees not included), the Forbes Advisor mortgage calculator<\/a><\/span> shows. The total amount you’ll pay in interest during the loan’s lifespan is $122,244.<\/p>\n

15-Year Mortgage Rates Climb 0.42%<\/h2>\n

Today’s 15-year mortgage<\/a><\/span> (fixed-rate) is 5.25%, up 0.42% from the previous week. The same time last week, the 15-year, fixed-rate mortgage was at 5.22%.<\/p>\n

The APR on a 15-year fixed is 5.3%. It was 5.27% a week earlier.<\/p>\n

A 15-year, fixed-rate mortgage with today’s interest rate of 5.25% will cost $804 per month in principal and interest on a $100,000 mortgage (not including taxes and insurance). In this scenario, borrowers would pay approximately $45,124 in total interest.<\/p>\n

Jumbo Mortgage Rates Climb 1.19%<\/h2>\n

The average interest rate on the 30-year fixed-rate jumbo mortgage (mortgages above 2025’s conforming loan limit of $806,500 in most areas) rose to 6.65%. Last week, the average rate was 6.57%.<\/p>\n

Borrowers with a 30-year fixed-rate jumbo mortgage with today’s interest rate of 6.65% will pay $642 per month in principal and interest per $100,000. That means you’d pay approximately $131,632 in total interest over the life of the loan.<\/p>\n

Mortgage Rate Trends in 2025<\/h2>\n

After reaching highs in 2024, the average 30-year fixed mortgage rate has remained in the mid-to-high 6% range since late January 2025. The 15-year fixed mortgage rate has hovered between the low-6% and high-5% range.<\/p>\n

While interest rates have fallen somewhat since mid-January 2025, experts don\u2019t expect them to drop significantly anytime soon.<\/p>\n

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When Will Mortgage Rates Go Down?<\/h2>\n

Various economic factors influence mortgage rates, making it challenging to forecast when rates will drop<\/a><\/span>.<\/p>\n

The Federal Reserve’s decisions significantly impact mortgage rates. In response to inflation or an economic downturn, the Fed may lower its federal funds rate, prompting lenders to reduce mortgage rates.<\/p>\n

Mortgage rates also track U.S. Treasury bond yields. If bond yields drop, mortgage rates typically follow suit.<\/p>\n

Finally, global events that cause financial disruptions can affect mortgage rates. For example, the Covid-19 pandemic led to record-low interest rates when the Fed cut rates.<\/p>\n

While a significant decrease in mortgage rates is unlikely in the near future, they may start to decline if inflation eases or the economy weakens.<\/p>\n

How To Calculate Mortgage Payments?<\/h2>\n

Get to know your budget before you look for a house. This will give you an idea of the type of house you can afford. Start by using a mortgage calculator to get a rough estimate.<\/p>\n

Simply input the following information:<\/p>\n