Mortgage and refinance interest rates today, July 6, 2025: Refinance rates decrease
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 06 2025
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Source: Yahoo Finance
Current Mortgage Rates: The average 30-year fixed mortgage rate is 6.59% and the 15-year fixed rate is 5.81%, while refinance rates have decreased slightly, making it a potentially good time to consider refinancing if current rates are significantly lower than what one is paying.
Refinancing Considerations: Factors such as credit score, down payment size, and debt-to-income ratio can influence mortgage rates; thus, individuals should focus on improving their financial profile and compare lenders not just by interest rates but also by the annual percentage rate (APR) for a clearer cost assessment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
