July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

Tariffs are pushing 10-year Treasury yields higher—here’s why that could mean bad news for your mortgage refinancing plans and long-term borrowing costs.

Today’s 15-Year Refinance Rates. The current average rate on a 15-year refinance is 6.75% compared to the rate a week before of 6.68%. The 52-week high for a 15-year refinance rate was 6.76% ...

The rate on a 30-year fixed refinance rose today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.30%, according to Curinos. For 15-year fixed mortgages, the average refinance rate ...

Current refinance rate trends. At the start of 2025, many expected inflation to keep cooling down and the Fed to cut interest rates, which would have gradually lowered mortgage refinance rates.

With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its current target range for the federal funds rate. Analysts now see little chance of a rate cut in the near term. That means HELOC borrowers are unlikely to see significant rate drops anytime soon.