Current National Refinance Rates: January 30, 2025—Rates Drop
The rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%, according to Curinos. For 15-year fixed mortgages, the average refinance rate is 6.
Refinance Rates Decline for a Third Day
Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year refinance rates plunged to a two-year low of 6.01%. But they then surged as high as 7.30%—before recently moving lower.
Mortgage rates are at the highest level in nearly 8 months. So why are some people refinancing?
The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.
Mortgage Refinance Rates Today: January 29, 2025—Rates Fall
The rate on a 30-year fixed refinance decreased today. The average rate for refinancing a 30-year fixed mortgage is currently 7.33%, according to Curinos. For refinancing a 15-year mortgage, the average rate is 6.
Refinance Rates Edge Slightly Higher, Remain Near 2025 Lows
After notching a 5-month high, then dropping for a week straight, 30-year refi rates ticked up Thursday. Rate movement was mixed for other refi loan types.
Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained unchanged at 7.02%, with points increasing to 0.63 from 0.62 (including the origination fee) for loans with a 20% down payment.
Today’s Refinance Rates: January 28, 2025—Rates Drop
The rate on a 30-year fixed refinance slipped today. The average rate for refinancing a 30-year fixed mortgage is currently 7.34%, according to Curinos. For refinancing a 15-year mortgage, the average rate is 6.
Refinance Rates See Two-Day Drop to Lowest Level in Almost 6 Weeks
VioletaStoimenova / Rates on 30-year refinance loans dropped another 2 basis points Tuesday, nudging to average down to 7.05%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September,
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