These are today's mortgage and refinance rates. Mortgage rates are down slightly in anticipation of Fed cuts later this year.

The vast majority of 2025 homebuyers are holding out for lower mortgage rates, but those who have been trying to time the market the past few years are still waiting for rates to fall.

W eren’t mortgage rates supposed to be lower by now? The Federal Reserve slashed the federal funds rate three times at the end of 2024, which raised expectations that the cost o

Mortgage rates have come down from their recent peak, but it could be a sign of overall economic weakness and a potential recession.