Today’s Average 30-Year Rate Is 7.49%. Here’s Why It Spiked — and What It Means in Northwest New Jersey
The number buyers are actually being quoted is not “just over 7%.” The average 30-year fixed mortgage is 7.49% today — up another 4 basis points from yesterday’s 7.45%, and the highest daily reading in this index since April 2024. The 15-year fixed is 7.12%. Jumbos are 7.55%. FHA is 7.17%. VA is 7.19%. That 7.49% figure is a daily lender index from Mortgage News Daily. It tracks what borrowers are being quoted, including the effect of points. A note rate in the high 6s is still possible for a strong file — usually only if you pay extra upfront.