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.

Mortgage rates are up today, but still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.96%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

Mortgage rates for 30-year loans are now at their most expensive level since early May of last year. Most other new purchase loan types increased as well.