Mortgage Rates Drop Today
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•Business
Business & Economics
Mortgage and refinance rates today, February 23, 2025: Economists expect rates to stay high
81% Informative
Most mortgage rates are down today .
Economists don't expect mortgage rates to improve much throughout 2025 .
Use the free Yahoo Finance mortgage calculator to see how various mortgage terms and interest rates will impact your monthly payments.
A 15-year mortgage comes with a lower interest rate than a 30-year term.
Refinance rates are often higher than rates when you buy a house.
The average 30-year fixed mortgage rate is 6.50% 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.
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