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Mortgage and refinance interest rates today, June 22, 2025: Rates move noticeably lower

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Summary
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80% Informative

Mortgage Bankers Association's forecast is for 30-year rates to remain mostly unchanged and near 6.8% through September .

Mortgage refinance rates are often higher than rates when you buy a house, although that's not always the case.

Use the mortgage calculator below to see how various mortgage terms and interest rates will impact your monthly payments.

The average 30-year fixed mortgage rate is 6.68% right now, according to Zillow .

You might get an even better rate with an excellent credit score, sizable down payment, and low debt-to-income ratio.

Mortgage rates aren't expected to drop drastically in the near future, though they may inch down now and then.

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86

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informal

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English

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Time-value

long-living

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