Current mortgage rates are down, but higher than they were seven days ago. Rates are lower than they were in early 2025, when the average 30-year fixed-rate mortgage reached above 7%. Even though Federal Reserve policy doesn’t directly impact today’s mortgage rates, they have been easing since the Fed began cutting rates in late 2024.

With the Fed unlikely to cut interest rates this summer, mortgage rates are expected to stay higher for longer.

We analyzed “best mortgage lender” reviews from 9 major financial sites to find the best mortgage providers now