The current interest rates change daily and sometimes multiple times a day. According to Freddie Mac and as of March 30, 2023, the average rate for a 30-year fixed mortgage was 6.32% and, for a 15-year loan, it was 5.56%. The rate you get depends on current market conditions and your qualifying factors. The best way to get the lowest rate is to increase your credit score, lower your debt-to-income ratio, and make as much of a down payment as possible.