These are today's mortgage and refinance rates. Unless the economy starts to weaken, we might not see mortgage rates drop as much as expected in 2025.

After a three-day climb nudged the 30-year average to its highest level since July, rates have edged lower for the last two days. Rates for other loan types saw minor movement.

Mortgage rates inched up closer to 7% ahead of the holiday season, delivering another blow to home affordability.

These are today's mortgage and refinance rates. Mortgage rates have been holding steady this month, and they might only drop a little bit next year.

Sales of previously owned homes last month rose 3.4% from September to a seasonally adjusted, annualized rate of 3.96 million units.

The average rate on a 30-year mortgage rose to 6.84% this week, says Freddie Mac, its highest level since July

U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term.

Sales of previously owned US homes rose in October by the most since earlier this year, as buyers took advantage of a dip in mortgage rates in the previous month.

Mortgage rates are approaching the 7% mark again as the purchase demand remained in the doldrums, according to this week's Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.