30-year vs. 15-year fixed mortgage ratesGenerally, 15-year mortgage rates are lower than those for 30-year mortgages. ARM rates have also been starting higher than fixed rates recently, so you may not always get a rate break. Learn more: Determine how to choose between an adjustable-rate vs. fixed-rate mortgageMortgage rates today: FAQsWhat is today's 30-year fixed rate? According to the latest forecasts, the MBA expects the 30-year mortgage rate to be 6.50% through 2026. The MBA forecasts 30-year fixed rates of 6.5% for all of 2027.