Mortgage Rates Hold Steady: What You Need to Know
Update: 2025-11-12
Description
Mortgage rates remain steady, with the average thirty-year fixed rate at 6.16% and fifteen-year fixed rate at 5.61%. Refinance rates are slightly higher, at 6.33% and 5.82% for thirty-year and fifteen-year terms respectively. Experts predict rates to stay within a narrow range for the next few months, despite potential Fed rate cuts.
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