The rate on a 30-year fixed refinance decreased to 6.23% today, according to the Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6.11% for a 20-year financed mortgage.

Considering a home purchase? Want to refinance your current property? These are the mortgage rates to know now.

The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills. Discover its definition and how investors gain from it.

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.17%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.38%, and the average rate on a 30-year jumbo mortgage is 6.

Even in today's economy, short-term CD accounts remain competitive. Here's what can be considered a good one now.

After a couple of years of spiking interest rates in the wake of the pandemic, yields on savings accounts have been falling since late 2024, when the Federal Reserve began trimming its benchmark rate.

Interest-only mortgages allow borrowers to only pay for the interest that accrues on the loan for a specific period. These types of mortgages can be helpful, as the initial monthly payments are typically lower. However, once the interest-only period ends, monthly payments increase — and borrowers typically haven’t paid down any of their principal.

December 10, 2025. That's the date when the final Federal Reserve meeting will conclude its final 2025 meeting and, with it, a now widely anticipated reduction to the federal funds rate. A rate drop to a range between 3.50% to 3.75% will be welcome for a ...