Category: Financing

Mortgage Rates Today June 25, 2025: Rates Drop Across the Board, Offering Significant Savings

June 25th, 2025
As of June 25, 2025, mortgage rates have seen a slight decrease, providing potential homeowners and those looking to refinance a bit of financial reprieve. The national average for a 30-year fixed mortgage rate stands at 6.81%, a dip from 6.83% the day before. This …Read more  »

U.S. States With Lowest Mortgage Rates Today – June 24, 2025

June 24th, 2025
Looking for the states where you can snag the best deal on a mortgage right now? As of today, June 24, 2025, the U.S. states with the lowest mortgage rates for a 30-year new purchase are Colorado, Massachusetts, New York, Utah, California, Virginia, …Read more  »

Today’s 5-Year Adjustable Rate Mortgage Soars by 17 Basis Points – June 24, 2025

June 24th, 2025
Mortgage rates can feel like a rollercoaster, and understanding the options can be overwhelming. As of today, June 24, 2025, the national average 5-year Adjustable Rate Mortgage (ARM) rate stands at 7.25%. This article will explore what that means for you, …Read more  »

Today’s Mortgage Rates – June 24, 2025: Rates Dip With 30-Year FRM Down to 6.85%

June 24th, 2025
As of today, June 24, 2025, the national average for 30-year fixed mortgage rates has dropped to 6.85%, which is a slight decrease from the previous week, making mortgages a bit more affordable. Notably, the 15-year fixed mortgage rate has also decreased to 5.88%. If you …Read more  »

Mortgage Refinance Rates Today Drop by 6 Bps – June 23, 2025

June 23rd, 2025
If you've been watching mortgage rates closely, you'll be glad to hear that mortgage refinance rates today, June 23, 2025, have decreased by 6 basis points. The average 30-year fixed refinance rate has dropped to 7.11%, according to Zillow, offering a potential …Read more  »

Today’s 5-Year Adjustable Rate Mortgage Rises Back – June 23, 2025

June 23rd, 2025
Worried about rising interest rates? You're not alone. As of today, June 23, 2025, the national average 5-year Adjustable Rate Mortgage (ARM) has risen to 7.08%. This increase, while seemingly small, can have a significant impact on your home buying or …Read more  »

Mortgage Rates Today – June 23, 2025: Rates Remain Stable With 30-Year FRM at 6.90%

June 23rd, 2025
As of June 23, 2025, mortgage rates in the United States remain stable, with the average 30-year fixed mortgage rate at 6.90%, down slightly from last week's rate of 6.91%. Meanwhile, the average rate for a 15-year fixed mortgage has risen modestly to 5.93%. These …Read more  »

Do Mortgage Rates Go Down During an Economic Recession?

June 22nd, 2025
Do mortgage rates go down during an economic recession? The short answer is, it's complicated, but often, yes, they do. While there's no guarantee, history shows that in recent decades, mortgage rates often decrease during and after a recession. This is largely due to …Read more  »

Today’s 5-Year Adjustable Rate Mortgage is Down by 5 Basis Points – June 22, 2025

June 22nd, 2025
If you're considering a home purchase or refinance, you're likely wondering about the best option for you. As of June 22, 2025, the national average rate for a 5-Year Adjustable Rate Mortgage (ARM) is 7.03%. Let's explore whether a 5-year ARM …Read more  »