From Yahoo Finance: 2025-06-16 06:00:00

Mortgage interest rates saw a slight dip today, with the average 30-year fixed rate at 6.70% and the 15-year fixed rate at 5.98%. The Federal Reserve is expected to maintain current short-term interest rates in their upcoming decision. Mortgage rates are closely tied to the 10-year Treasury yield, which fell to 1.78%. National averages for various types of mortgages were provided, with refinancing rates slightly higher than purchase rates. Factors to consider when choosing between different mortgage terms were discussed, including adjustable-rate mortgages and factors affecting interest rates. It is advisable to shop around for the best rates based on personal financial considerations.



Read more at Yahoo Finance: A tiny move lower (The 15-year down to 5.98%)