Category: Financing
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 »
Mortgage Rates Today – June 22, 2025: Rates Drop Marginally Across the Board
June 22nd, 2025
As of June 22, 2025, mortgage rates have slightly dropped, with the national average 30-year fixed mortgage rate at 6.88%, down from 6.89% last week, as reported by Zillow. This downward trend can also be seen in the average 15-year fixed mortgage rate, …Read more »
Today’s 5-Year Adjustable Rate Mortgage Drops Substantially by 31 Basis Points – June 21, 2025
June 21st, 2025
Thinking about buying a home or refinancing your current mortgage? You're probably keeping a close eye on interest rates. As of today, June 21, 2025, the national average 5-year Adjustable Rate Mortgage (ARM) rate is 7.10%. This is a significant drop …Read more »
Mortgage Rates Today – June 21, 2025: 30-Year and 15-Year Fixed Rates Go Down
June 21st, 2025
As of June 21, 2025, mortgage rates have seen a slight drop. The national average for a 30-year fixed mortgage rate is now at 6.88%, down from 6.91% in the previous week. This decrease reflects recent trends in the housing market and indicates that current mortgage rates …Read more »
Today’s 5-Year Adjustable Rate Mortgage Jumps by 68 Basis Points – June 20, 2025
June 20th, 2025
Are you thinking about buying a home? Or maybe refinancing your existing mortgage? If so, you're probably keeping a close eye on mortgage rates. Today, June 20, 2025, we're seeing some movement in the market, particularly with Adjustable Rate Mortgages (ARMs). …Read more »