The current 30-year fixed mortgage rate has fallen by two basis points to 6.18%. According to Zillow data, this marks its lowest point since early October 2024. The government shutdown is contributing to lower mortgage rates, but processing times for FHA and VA loans are taking longer. So, if you qualify for favorable terms on a conventional loan, the current low rates could make this a good time to buy a home. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow ...