{"id":459,"date":"2025-03-20T09:00:57","date_gmt":"2025-03-20T10:00:57","guid":{"rendered":"http:\/\/www.pacific-hydro.com\/?p=459"},"modified":"2025-03-21T22:50:23","modified_gmt":"2025-03-21T22:50:23","slug":"mortgage-rates-today-march-20-2025","status":"publish","type":"post","link":"http:\/\/www.pacific-hydro.com\/index.php\/2025\/03\/20\/mortgage-rates-today-march-20-2025\/","title":{"rendered":"Mortgage Rates Today: March 20, 2025"},"content":{"rendered":"
<\/div>\n

Today, the mortgage interest rate<\/a><\/span> on a 30-year fixed mortgage is 6.71%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.79%, and the average rate on a 30-year jumbo mortgage is 7.12%.<\/p>\n

!function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}(); <\/p>\n

30-Year Mortgage Rates<\/h2>\n

Borrowers will pay more in interest this week as the average rate on a 30-year mortgage is 6.71% compared to a rate of 6.67% a week ago.<\/p>\n

The annual percentage rate (APR<\/a><\/span>), which includes the interest and all of the lender fees, on a 30-year, fixed-rate mortgage is 6.74%. The APR was 6.71% last week.<\/p>\n

To borrow a $100,000 in a 30-year, fixed-rate mortgage with the current rate of 6.71%, you will pay about $646 per month in principal and interest (taxes and fees not included), the Forbes Advisor mortgage calculator<\/a><\/span> shows. You’d pay around $132,467 in total interest over the life of the loan.<\/p>\n

15-Year Mortgage Rates<\/h2>\n

Today’s 15-year mortgage<\/a><\/span> (fixed-rate) is 5.79%, up 0.09 percentage point from the previous week. The same time last week, the 15-year, fixed-rate mortgage was at 5.7%.<\/p>\n

The APR on a 15-year fixed is 5.85%. It was 5.75% a week earlier.<\/p>\n

A 15-year, fixed-rate mortgage with today’s interest rate of 5.79% will cost $833 per month in principal and interest on a $100,000 mortgage (not including taxes and insurance). In this scenario, borrowers would pay approximately $49,860 in total interest.<\/p>\n

Jumbo Mortgage Rates<\/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 7.12%. Last week, the average rate was 7.03%.<\/p>\n

Borrowers with a 30-year fixed-rate jumbo mortgage with today’s interest rate of 7.12% will pay $673 per month in principal and interest per $100,000. That means you’d pay around $142,320 in total interest over the life of the loan.<\/p>\n

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

To get an estimate of your mortgage costs, using a mortgage calculator can help.<\/p>\n

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