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Rates are daily averages based on Better Mortgage data, not APRs, and vary by borrower.
The 30-year fixed mortgage rate is about 6.67% today, according to current industry data. It's essentially unchanged from where it started the week. Rates have been anchored in a narrow range as the market processes a CPI report that landed exactly in line with expectations and absorbs the implication: the Fed has no clear reason to cut rates anytime soon. The next meaningful signal comes June 17–18, when the Federal Open Market Committee meets. Until then, expect more of the same.
Today's mortgage rates — June 11, 2026
| Loan type | Average rate |
|---|---|
| 30-year fixed | 6.67% |
| 15-year fixed | 6.20% |
| 5/1 ARM | 6.51% |
| 30-year fixed refinance | 6.71% |
| 15-year fixed refinance | 5.78% |
These are national averages — your actual rate depends on your credit score, down payment, loan amount, and lender.
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Why you may be seeing different rates elsewhere
If you've checked mortgage rates today and seen figures ranging from around 6.40% to 6.67%, you're not looking at errors. You're looking at different methodologies. Here's why the numbers diverge:
Daily lender surveys (the basis for the rates in the table above) capture what actual lenders are quoting to borrowers on their live rate sheets today. This tends to produce the most current, and sometimes slightly higher, figure, because it reflects the real-time cost of credit before any competitive marketplace adjustments.
Rate aggregators and comparison platforms compile quotes from lenders actively competing for leads on their platforms. These lenders are often pricing aggressively to attract applications, which can pull the average lower than what a walk-in borrower at a given lender might see.
Weekly surveys, including the widely cited Freddie Mac Primary Mortgage Market Survey, are published every Thursday but reflect applications submitted the prior week. As of today, the most recent Freddie Mac reading is from the week ending June 4, making it several days behind current market conditions.
APR vs. interest rate is another source of confusion. Some sources, including several major comparison sites, report APR (Annual Percentage Rate) rather than the interest rate. APR folds in lender fees and closing costs, producing a figure that looks lower than the note rate but isn't directly comparable to interest rate quotes.
The practical takeaway: the true market range for a 30-year fixed rate on June 11, 2026 is roughly 6.40%–6.67% depending on which source you consult and how it collects its data. Your actual rate will fall somewhere in that range — or outside it — based on your credit profile, lender, and loan terms. The most reliable way to know your rate is to get a personalized quote.
Why mortgage rates are where they are today
The week's most consequential data arrived Wednesday when the Bureau of Labor Statistics released May's Consumer Price Index. The report landed right in line with forecasts: no upside surprise, but no meaningful relief either. Inflation is still moving in the wrong direction at a pace the Federal Reserve considers unacceptable.
According to recent industry data, markets had been hoping the CPI print might give the Fed room to signal a rate cut at its upcoming meeting. Instead, the in-line reading, combined with a strong jobs report from the previous week, reinforces the case for holding steady. The fed funds rate is widely expected to stay unchanged when policymakers convene June 17–18.
The pressure isn't coming from domestic data alone. The European Central Bank raised rates today by a quarter point, a direct response to inflation driven in part by elevated energy costs tied to the ongoing Iran conflict. The Bank of Japan is expected to hike next week. War-related oil price pressure is a global inflation story, and mortgage rates are reacting accordingly.
The net effect: rates have drifted roughly 9 basis points higher since early May, have been mostly flat over the past week, and are unlikely to move materially before the FOMC meeting. Buyers and refinancers watching for a dip should keep their expectations measured heading into next week.
How today's rate affects your monthly payment
At 6.67% on a 30-year fixed mortgage, here's how the math looks at common loan amounts:
| Loan amount | Monthly payment (P&I) |
|---|---|
| $250,000 | ~$1,608 |
| $350,000 | ~$2,251 |
| $450,000 | ~$2,894 |
Example is for illustrative purposes only. Rates, payments, and total interest will vary based on credit profile, loan terms, and market conditions.
These figures reflect principal and interest only; property taxes, homeowners insurance, and any applicable PMI are not included. Use a mortgage calculator to model your full estimated monthly payment with those figures included.
The difference between a 6.67% rate and a 6.20% rate (today's 15-year fixed) is meaningful over the life of a loan. On a $350,000 mortgage, a 15-year fixed at 6.20% carries a higher monthly payment, roughly $2,990, but results in significantly less interest paid and a loan paid off 15 years sooner. Whether that tradeoff makes sense depends on your budget and timeline.
Example is for illustrative purposes only. Rates, payments, and total interest will vary based on credit profile, loan terms, and market conditions.
30-year vs. 15-year vs. ARM — which loan fits your situation
30-year fixed remains the most popular choice: the lower monthly payment gives households more breathing room, and the rate never changes. A 30-year fixed mortgage makes the most sense for buyers who plan to stay long-term and want predictable payments.
15-year fixed at 6.20% costs more per month but saves substantially on total interest over the life of the loan. Read more about 15-year fixed mortgages to see if the math works for your situation.
5/1 ARM at approximately 6.51% offers a fixed rate for the first five years, then adjusts annually. Today's ARM rate is close to the 30-year fixed, limiting its appeal for most buyers. Learn more about how an adjustable-rate mortgage works before committing.
How to get a lower mortgage rate
Every home buyer or refinancer gets a mortgage rate that's based on their personal finances. National average rates could be lower or higher than your rate.
To get the lowest possible borrowing rate, pay attention to your:
Credit score: A score of 760+ typically qualifies for the best available rate. See minimum credit score for a mortgage by loan type.
Down payment: More down means a lower loan-to-value ratio, which lowers lender risk and often your rate. Putting 20% or more down also eliminates PMI.
Loan type: FHA, VA, and conventional loans are priced differently. Comparing across loan types, not just lenders, can surface meaningful savings.
Lender shopping: Rate variation across lenders on the same day can be significant. Getting multiple quotes and comparing them on the same day is one of the most reliable ways to find a lower rate.
Points: Paying discount points upfront to buy down the rate can make sense if you plan to stay in the home long enough to recoup the cost. For a deeper dive, see how to get a lower mortgage rate.
Should you lock your rate today?
If you're within 30–60 days of closing, locking now insulates you from any volatility the FOMC meeting might introduce. The Fed is expected to hold steady, but the press conference and updated dot-plot projections can move markets meaningfully even when the rate decision is no surprise.
Learn how a mortgage rate lock works and when it makes sense to pull the trigger.
The case for locking soon: rates have drifted higher over the past month and the rate environment isn't offering clear downside signals. The case for waiting: if the FOMC surprises with dovish commentary on June 18, there could be a brief window of improvement. Most analysts aren't expecting it.
Getting pre-approved for a mortgage is the prerequisite — you need an active application to lock a rate. And if you already have a mortgage, today's refinance rates may be worth monitoring as the FOMC meeting approaches.
Frequently asked questions
What is the mortgage rate today for a 30-year fixed?
Current industry data puts the average 30-year fixed mortgage rate at approximately 6.67% as of June 11, 2026. Depending on the source and methodology, you may see figures ranging from around 6.40% to 6.67%. Your actual rate will vary based on your credit score, down payment, loan amount, and lender.
Are mortgage rates expected to go down in 2026?
The Federal Reserve is expected to hold the federal funds rate steady at its June 17–18 meeting. Rates are unlikely to decline materially before then. The longer-term path depends on how inflation and employment data evolve. If conditions cool meaningfully, cuts could come later in 2026, but that remains uncertain.
Is now a good time to buy a house with rates at 6.67%?
Rates in the mid-6% range are elevated compared to the historic lows of 2020–2021, but not unusual by longer historical standards. Whether now is a good time to buy depends more on your financial readiness — credit profile, down payment, stable income, and local market conditions — than on rate timing alone.
How much does a 1% difference in mortgage rate matter?
On a $350,000 mortgage over 30 years, a 1% rate difference changes your monthly payment by roughly $200 and your total interest paid by more than $70,000. The impact compounds significantly over the life of a loan.
What's the difference between a mortgage rate and APR?
The interest rate is what the lender charges to borrow the money. The APR (Annual Percentage Rate) includes the interest rate plus certain fees, including origination charges, discount points, and some closing costs, expressed as an annual percentage. APR gives a more complete picture of loan cost, but the rate is what determines your monthly payment. This distinction also explains why some rate sources appear lower than others: they may be reporting APR rather than the interest rate.
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Rates shown are daily average interest rates, not APRs, based on Better Mortgage data and are for informational purposes only. Rates are not guaranteed, may include borrower-paid or lender credits, and actual rates and terms vary by borrower and transaction. Comparison to industry average rates may not reflect individual borrower scenarios and is not a guarantee of lower rates or savings.