So far this year, average mortgage rates have stayed stubbornly high, bouncing between 6.5% and 7%, as financial markets weigh the risks of both higher inflation and an economic slowdown. Most homeowners, unable to save money by refinancing, are holding ...

After consistently trending downward since the government shutdown began on Oct. 1, 30-year mortgage rates have officially fallen to the lowest point this year, below 6.5%. At various points in 2025 and 2024, rates crossed above the 7% threshold, with ...

Just under 90%. That's the likelihood the Federal Reserve will cut interest rates when it wraps its final 2025 meeting on December 10. Now at a range between 3.75% to 4.00%, the central bank is widely expected to issue another 25 basis point cut, bringing ...

Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic slowdown play tug-of-war with financial markets. Overall, rates are too high for most homeowners to save money from refinancing.

The rate on a 30-year fixed refinance rose to 6.24% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.3%. On a 20-year mortgage refinance, the average rate is 6.