Mortgage and refinance rates today, May 11, 2025: Economic data could shift mortgage rates

Mortgage interest rates are up today. According to Zillow data, the 30-year fixed mortgage rate has risen by one basis point to 6.72%, and the 15-year fixed rate has increased by seven basis points to 6.03%. Mortgage rates typically go up when the U.S. economy thrives and down when the economy…