Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.30%, down 0.13 percentage points from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on ... CBS News on MSN: Is a 20-year mortgage worth it now?

Understanding the Context

Here's everything experts say to know. There are perks to 20-year mortgages, but there are some items to consider first. Here's what experts say to know. Is a 20-year mortgage worth it now?

Key Insights

Here's everything experts say to know. The Wall Street Journal on MSN: Mortgage rates today, : 30-year rates remain 6.41% The Wall Street Journal on MSN: Mortgage rates today, : 30-year rates drop to 6.44% CNBC on MSN: Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty The average interest rate on a 30-year fixed purchase mortgage is 6.406% on , just as the spring homebuying season shifts into high gear. Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.49%. On a 20-year mortgage refinance, the average rate is 6.19%.  Related: Compare Current Refinance Rates 30-Year Refin ...

Final Thoughts

The average interest rate on a 30-year fixed purchase mortgage is 6.501% on , just as the spring homebuying season shifts into high gear.