Mortgage rates are up today, climbing above 7%. Today’s national average on a 30-year fixed-rate mortgage is 7.02%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

These are today's mortgage and refinance rates. Mortgage rates are up near 7%, and economic uncertainty makes it hard to say where they'll go next.

Pay some points: Points are a form of prepaid interest, with each point equaling 1% of your loan amount. In return for points, lenders will typically offer you a lower monthly interest rate. For example, if the lender provides a reduction of 0.25% per point, two points would reduce your rate by 0.50%.