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Current mortgage fees
| Loan type | the current | 4 weeks ago | 1 year ago | 52-week average | 52 weeks low |
|---|---|---|---|---|---|
| 30 years | 6.86% | 6.95% | 7.03% | 6.82% | 6.20% |
| 15 years | 6.04% | 6.12% | 6.38% | 6.05% | 5.40% |
| 30 Years of Jumbo | 6.86% | 6.90% | 7.12% | 6.86% | 6.36% |
This week’s survey 30-year fixed mortgage earned an average total of 0.32 discounts and origination points. Discount points are a way to lower your mortgage rate, while origination points are the fees that lenders charge to create, review and process the loan.
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Monthly mortgage payments at today’s fee
According to the U.S. Department of Housing and Urban Development, family income nationwide was $104,200 in 2025, and the median price of existing homes sold in April 2025 was $414,000, according to the National Association of Realtors. Based on a 20% down payment and a 6.86% mortgage rate, monthly payments amount to $2,172, which is 25% of a typical family’s monthly income.
What will happen to the mortgage fees in 2025?
The big news this week is that the Federal Reserve has decided to leave Federal Fund fees untouched. Mortgage fees did not correspond to the Fed’s three consecutive cuts last year. This reminds us that fixed mortgage fees are not set directly by the Fed, but directly by the investor’s desire, especially for 10-year Treasury debt. If there is uncertainty in the market, investors will purchase financial liabilities.
President Donald Trump’s tariff policies have temporarily driven the seizure of market fluctuations, including the Treasury yields in 2010, to less than 4%. As of Wednesday afternoon, they were 4.4%.
“HOLD ON HOLD is consistent with forecasts that mortgage fees will remain largely unchanged for the time being,” says Mike Fratantoni, chief economist of the Mortgage Banks Association.
Another factor is inflation, which remains sustainably higher than the Fed’s 2% target. The Labor Bureau reported in May that inflation rates were up to 2.4%, but it was still tamed enough to ease some of the pressure on mortgage rates.
Even with market volatility, housing economists say mortgage rates are likely to move slowly rather than dramatically. “Mortgage rates are relatively stable,” says Samir Dedhia, CEO of one Real Mortgage. “That consistency provides some peace of mind for home buyers and homeowners, especially in a market that is sensitive to any change in economic sentiment.”
