Mortgage and refinance rates today, December 18, 2025: Mortgage rates remain calm

Mortgage and refinance rates today, December 18, 2025: Mortgage rates remain calm

Mortgage rates remain calm, hovering above 6% with only minor fluctuations from week to week. According to Freddie Mac, the average 30-year fixed mortgage rate this week fell by one basis point to 6.21%. The 15-year fixed rate fell seven basis points for the week to 5.47%. Here are the current mortgage rates, according to … Read more

Mortgage and refinance rates today, December 17, 2025: Stability welcomed by borrowers

Mortgage and refinance rates today, December 17, 2025: Stability welcomed by borrowers

Mortgage rates hold mostly steady for another week. According to Zillow, the average 30-year fixed rate rose by one basis point 6.09%. The 15-year fixed home loan rate fell six basis points to 5.52%. The stability of mortgage rates over the past few weeks is being welcomed by borrowers looking to lock in a rate. … Read more

Housing affordability may improve next year, but don’t expect a market crash

Housing affordability may improve next year, but don’t expect a market crash

For more than three years, it’s been sad to be a home buyer. But in 2026, things might get a little easier. Housing affordability is on track to improve next year as mortgage rates fall slightly and home price appreciation slows. Those conditions โ€” if they hold โ€” could bring more buyers and sellers off … Read more

Just above the 2025 low

Mortgage and refinance rates today, December 18, 2025: Mortgage rates remain calm

Mortgage rates have generally declined since late May, bottomed out in late October, and have remained within 10 basis points since then. According to Freddie Mac, the average 30-year fixed mortgage rate is 6.22%. This is five basis points higher than the 2025 minimum of 6.17%. The 15-year fixed rate is 5.54%. “The average 30-year … Read more

Will a Fed rate cut lower rates?

Will a Fed rate cut lower rates?

Mortgage rates were capped at intervals of more than six weeks, with nothing forcing them to go up or down. According to Zillow, the 30-year average rate is 6.07%. The average rate over 15 years is 5.53%. A Federal Reserve rate cut is likely tomorrow, comments from Fed Chairman Jerome Powell and the Fed’s points … Read more

Bank of Canada rate cuts have failed to lift the housing market. Here’s where it goes next

Bank of Canada rate cuts have failed to lift the housing market. Here’s where it goes next

Experts describe a market defined by caution: falling prices, low sales volumes and no sense of urgency on either side of the deal. (Lance McMillan/Toronto Star via Getty Images) ยท Lance McMillan via Getty Images Sixteen months of interest rate cuts should have rattled Canada’s housing market. Instead, the sector barely moved โ€” and with … Read more

Will rates fall after the Fed meeting?

Will rates fall after the Fed meeting?

Mortgage rates have risen since last week. According to Zillow data, the 30-year fixed mortgage rate rose 13 basis points to 6.10% and the 15-year fixed rate rose 14 basis points to 5.55%. The Federal Reserve will announce on Wednesday whether it will cut the federal funds rate for the third time this year. Many … Read more

As rates rise, comparing offers is crucial

As rates rise, comparing offers is crucial

Mortgage rates are on the rise, according to Zillow. The average 30-year fixed mortgage rate rose 13 basis points to 6.10%and the 15-year fixed rate rose 14 basis points to 5.55%. However, note that these are national averages. Depending on your location, financial profile and mortgage lender, you may be able to secure a lower … Read more

Inflation data pushes rates higher

Inflation data pushes rates higher

Mortgage rates are up today. According to Zillow, the average 30-year fixed mortgage rate rose 13 basis points to 6.10%and the 15-year fixed rate rose 14 basis points to 5.55%. These increases can likely be attributed to the latest Personal Consumption Expenditure (PCE) data, which was released yesterday. The PCE index showed that inflation moved … Read more

Half a point less than a year ago

Half a point less than a year ago

Mortgage rates are half a point lower than a year ago. According to Freddie Mac, the national 30-year fixed mortgage average this week is 6.19%. A year ago, it averaged 6.69% The 15-year fixed rate is 5.44%. At this time last year, it averaged 5.96%. “Mortgage rates fell for the second week in a row … Read more