Mortgage rates are fluctuating slightly, with the average 30-year fixed rate dropping to 6.18% and the 15-year fixed rate increasing to 5.50%. Sam Khater, Freddie Mac’s chief economist, notes the decline in rates as a positive for potential homebuyers. Current mortgage rates are as follows: 30-year fixed: 6.10%, 20-year fixed: 6.00%, 15-year fixed: 5.52%, 5/1 ARM: 6.26%, 7/1 ARM: 6.26%, 30-year VA: 5.62%, 15-year VA: 5.31%, 5/1 VA: 5.25%. Refinance rates are also slightly higher, with the 30-year fixed rate at 6.25%. The economy plays a significant role in influencing mortgage rates, which can impact how lenders determine rates for borrowers.

Read more at Yahoo Finance: Mortgage and refinance interest rates today, December 25, 2025: Mortgage rates drifting