From Yahoo Finance: 2025-06-13 06:00:00

Mortgage rates remained steady this week, with the national average for a 30-year fixed interest rate at 6.84% and a 15-year fixed rate at 5.97%. The Federal Reserve is expected to keep short-term interest rates unchanged, despite President Trump’s desire for lower rates. Mortgage refinance rates are slightly higher than rates for buying a house. Fixed-rate mortgages lock in a rate for the loan’s duration, while adjustable-rate mortgages change periodically. Mortgage rates are expected to stay relatively stable in the near future, with forecasts predicting slight decreases by the end of the year.



Read more at Yahoo Finance: Mortgage and refinance interest rates today, June 13, 2025: Rates inch down