Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.73%, up 0.76% from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by going with a 15-year fixed mortgage,

Despite some moderate dips this week, mortgage rates are mostly unchanged as markets await next week's Fed meeting.

Weekly mortgage rates continued to simmer last week, as markets wait in suspense ahead of the White House’s August 1 tariff deadline. The average 30-year fixed-rate mortgage rose one basis point to 6.85% the week ending July 24, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.