{"id":473,"date":"2025-03-28T09:01:22","date_gmt":"2025-03-28T10:01:22","guid":{"rendered":"http:\/\/www.pacific-hydro.com\/?p=473"},"modified":"2025-03-28T22:50:49","modified_gmt":"2025-03-28T22:50:49","slug":"mortgage-rates-today-march-28-2025-rates-inch-up","status":"publish","type":"post","link":"http:\/\/www.pacific-hydro.com\/index.php\/2025\/03\/28\/mortgage-rates-today-march-28-2025-rates-inch-up\/","title":{"rendered":"Mortgage Rates Today: March 28, 2025 \u2013 Rates Inch Up"},"content":{"rendered":"
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The current average mortgage rate<\/a><\/span> on a 30-year fixed mortgage is 6.74%, compared to 6.61% a week earlier, according to the Mortgage Research Center.<\/p>\n

For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.79%, up 0.09 percentage point from the previous week.<\/p>\n

Homeowners who want to lock in a lower rate by refinancing should compare their existing mortgage rate to today’s refinance rates<\/a><\/span>.<\/p>\n

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

Today’s average rate on a 30-year, fixed-rate mortgage is 6.74%, which is 0.13 percentage point higher 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 6.78%. The APR was 6.64% 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 6.74% on a $100,000 loan will cost $648 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 $133,328.<\/p>\n

15-Year Mortgage Rates<\/strong><\/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 5.69%.<\/p>\n

The APR on a 15-year fixed is 5.84%. 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 $832 per month in principal and interest on a $100,000 mortgage (not including taxes and insurance). In this scenario, borrowers would pay approximately $49,831 in total interest.<\/p>\n

Jumbo Mortgage Rates<\/strong><\/h2>\n

The current average interest rate on a 30-year, fixed-rate jumbo mortgage (a mortgage above 2025’s conforming loan limit of $806,500 in most areas) is 7.14%\u2014 0.06 percentage point up from last week.<\/p>\n

A 30-year jumbo mortgage at today’s fixed interest rate of 7.14% will cost you $675 per month in principal and interest per $100,000. That adds up to roughly $142,903 in total interest over the life of the loan.<\/p>\n

How To Calculate Mortgage Payments<\/strong><\/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