Mortgage rates have increased this weekend, with the 30-year fixed rate at 6.52% and the 15-year fixed rate at 5.70%. Rates have risen since last August, climbing 35 basis points. Economists don’t expect much change by the end of 2025. Mortgage refinance rates are higher than rates for buying a house. The average 30-year mortgage rate is 6.52%, while the 15-year rate is 5.70%. Fixed-rate mortgages lock in your rate, while adjustable-rate mortgages change after a set period. Lenders offer the lowest rates to those with high down payments, excellent credit, and low debt-to-income ratios. Rates are not expected to drop significantly soon.

Read more at Yahoo Finance: Rates have increased since last year