Mortgage rates have been choppy lately, but are still well below their level one year ago. According to Zillow, the average 30-year fixed mortgage rate is 6.11%, while the 15-year fixed rate is 5.58%. With rates so favorable, now could be a good time to buy a house. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.11% 20-year fixed: 5.98% 15-year fixed: 5.58% 5/1 ARM: 6.58% 7/1 ARM: 6.69% 30-year VA: 5.61% 15-year VA: 5.13% 5/1 V ...