Today, the mortgage interest rate on a 30-year fixed mortgage is 6.56%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.58%, and the average rate on a 30-year jumbo mortgage is 6.

Stay up to date on the current mortgage rates with Newsweek Vault. Our goal is to help you understand the why behind current mortgage rate fluctuations.

Various types of home loans are seeing an increase in applications on the heels of mortgage rates inching lower.