Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.87%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

As you consider buying a home, you’ll likely weigh different mortgage types. For most prospective buyers, a 30-year fixed-rate mortgage is the top pick. It offers more manageable monthly payments because you’re stretching the loan over three decades as opposed to 10 or 15 years.

FreddieMac reports the 30-year fixed #mortgagerates averaged 6.84% for the week ending June 12 — down from 6.85% last week.