Mortgage Rates Fluctuate in Today's Market.

Mortgage rates for 10- and 15-year terms remain unchanged at 5.625% and 5.875%, respectively, while rates for 20- and 30-year terms have risen to 6.375% and 6.49%, respectively. Refinance rates for 20- and 30-year terms have also risen to 6.5% and 6.625%, respectively, while rates for 10-year terms have jumped to 6%. Borrowers interested in maximizing interest savings should consider 10-year terms, while those seeking lower monthly payments should consider 20-year terms. Homeowners with mortgages from 2019 and older could potentially save significantly by refinancing with today's lower interest rates.