The 30-year mortgage refi rate average ticked down for a third day but remained higher than recent averages. Other refi loan types saw mixed movement.

Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year. Unfortunately for buyers, 2025 isn't looking much better. The Federal Reserve has been cutting interest rates,

Thus, I’m forecasting that, based on the 6.85% rate at year-end 2024, mortgages will run between 7.55% and 6.15% in 2025. Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at [email protected]

These are today's mortgage and refinance rates. Mortgage rates dropped in the fall, but they've trended back up over the last few months.

After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most other loans were down or flat.