30-year fixed refinance mortgage rates didn’t move at 6.39% today, according to the Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage. Related: Compare Current Refinance Rates The ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering between 6.5% and 7% due to ongoing economic uncertainty.

Interest rates have certainly cooled in the last year, thanks to a changing economic environment and multiple Federal Reserve rate cuts, and that relief has trickled down to mortgage rates. The dip in mortgage rates has impacted both mortgage purchase and ...

The average 30-year fixed mortgage rate fell to 6.44% this week, down from 6.53% the week before, according to U.S. News data. Mortgage rates are now at their lowest levels in 2025, which may give some recent homebuyers the opportunity to refinance their ...

For the vast majority of homeowners, there's currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering between 6.5% and 7% due to ongoing economic uncertainty.

Heading into the fall last year, the average 30-year fixed mortgage rate slipped to a low of 6.07% by September 17, 2024, as the market reacted to weaker-than-expected labor market data. At that point, there was a noticeable upswing in refinances as some ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. vm / Getty Images After briefly dipping below the 7% threshold, rates on 30-year refinance loans have inched up mildly for three days.