These are today's mortgage and refinance rates. Mortgage rates are down slightly as markets weigh the impact of Trump's pick for Treasury secretary.

The rate on a 30-year fixed refinance slipped today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%, according to Curinos. For 15-year fixed mortgages, the average refinance rate is 6.

Most experts predict that mortgage rates will fall steadily in 2025, and forecasts from both the Mortgage Bankers Association (MBA) and Fannie Mae back that up. "I expect mortgage rates to be on a slow grind downward in 2025, barring unexpected softness in the economy," Goodwin says.

These are today's mortgage and refinance rates. Mortgage rates have been flat. But they should fall next year as long as inflation continues to slow.

Thinking about taking out a mortgage loan? Current mortgage rates drop to 6.88% for 30-year terms, while 15-year terms fall to 6.13%.

See what mortgage interest rate you could qualify for here now.

The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage

Thinking about taking out a mortgage loan? Current mortgage rates rise to 6.99% for 30-year terms, while 15-year terms increase to 6.25%.

These are today's mortgage and refinance rates. Mortgage rates have held relatively steady this month, and where they go next depends on the economy.

After three days of ticking downward, 30-year mortgage rates inched up a bit Friday, wavering in a narrow range. Other loan types saw mixed rate movement.