Mortgage Research Center. Rates averaged 5.25% for a 15-year financed mortgage and 5.99% for a 20-year financed mortgage.

Want to buy a home or refinance your existing one? These are the mortgage interest rates to know now.

A $400,000 mortgage refinanced at today’s rates could lower monthly payments by roughly $260, though closing costs can offset those savings.

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 ...

Mortgage rates dropped again last week, sparking a small jump in refinancing, but potential buyers were not impressed.

The rate on a 30-year fixed refinance rose to 6.35% today, according to the Mortgage Research Center. Rates averaged 5.25% for a 15-year financed mortgage and 5.98% for a 20-year financed mortgage.

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...

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 ...