Mortgage rates are rising each day; recently, they are nearly 6.91%

Buyers are in confusion mode: should they buy a home now or wait?

Mortgage is one of the biggest markets, and rates keep rising as demand increases. Mortgage rates are higher today, with 30-year rates at 6.91%. Check 15-year, ARM, VA and refinance rates, plus tips to find lower mortgage rates.

Mortgage rates have risen over the past few weeks. The usual 30-year fixed mortgage rate is 6.91% today, as per the Zillow lender marketplace. The 30-year rate is up 24 basis points from a week ago.

Now, glance at the figures of the 13th September 2026, Sunday. The 15-year fixed mortgage rate is 6.37%, up 33 basis points from last week. The 5/1 adjustable-rate mortgage (ARM) is 6.85%, up 21 basis points from last week.

The normal 30-year fixed mortgage rate is 6.91%. The average 20-year fixed mortgage rate is 6.79%. These rates are national averages. The figures are rounded to the nearest hundredth and reflect up-to-date Zillow data reported by Yahoo Finance.

The average 15-year fixed mortgage rate is 6.37%. This rate is lower than the 30-year fixed rate. A 15-year mortgage means the mortgagor pays off the loan in half the time of a 30-year mortgage. However, the monthly payment is generally higher because the borrower must repay the same amount much sooner.

How to get subordinate mortgage rates

Lenders generally offer their best mortgage rates to borrowers with strong credit scores, higher down payments and low debt-to-income ratios. A borrower with a stronger financial profile may qualify for better loan terms. This means organizing your finances can matter before applying for a mortgage.

Mortgagors can try to save for a larger down payment. They can also work on improving their credit score. Paying down existing debt can help lower the debt-to-income ratio. These steps may improve a borrower’s probability of getting a better mortgage rate.