July 14, 2025

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Mortgage

Mortgage rates today: Interest rates dip on June 26

Despite forecasts that mortgage rates will slowly ease, buying a home is still too costly for most people.  The average 30-year fixed rate has been in the 7% range over the last 7 months, creating some hefty monthly payments. President Donald Trump’s tariffs on imports have added economic uncertainty. The Federal Reserve has paused cutting

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Mortgage

Mortgage refinance rates rise: 30-year climbs to 6.92%

Refinance rates moved higher again as of May 6, 2025, according to the latest data from the Mortgage Research Center. The 30-year fixed refinance rate rose to 6.92%, while the 15-year fixed rate dropped slightly to 5.76%. 30-year fixed refinance rates move up The average 30-year fixed-rate refinance hit 6.92%, up from 6.10% a week

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