Today’s Mortgage Refinance Rates
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Mortgage rates today sit at 6.625% for a 30-year fixed loan. High rates are straining affordability and slowing housing activity.
The likelihood of a rate cut in July is low, but at least one member of the Federal Open Market Committee is advocating for one.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
Mortgage rates remain high, leaving homebuyers weighing whether to act now or wait for potential relief. Melissa Cohn, regional vice president at William Raveis Mortgage, explains how Federal Reserve signals,
Current mortgage rates are up today but still lower than they were seven days ago and in early 2025, when the average 30-year fixed-rate mortgage reached above 7%.
Now at an average 6.67% rate on a 30-year mortgage, rates are down by more than 20 basis points from where they sat at the end of May. And, more importantly, they could continue to decline in the ...
July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
While home equity rates have traded in a tight range this month, they are still lower than personal loan rates, which currently average 12.64 percent, and especially credit card rates, which average 20.