These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've been in recent months.

The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage

On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.

These are today's mortgage and refinance rates. Mortgage rates are forecast to go down in 2025, but if inflation reignites, that outlook could change.

The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming months.

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

These are today's mortgage and refinance rates. Even though the Fed cut rates this week, mortgage rates are likely to remain elevated in the near term.

A December interest-rate cut would be insurance against a further cooling in employment. Plus, investment newsletter commentary on Trump’s second term, stock market exuberance, and Nvidia joining the Dow.

But will it make a difference for antsy homebuyers waiting for mortgage rates to drop? On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds rate,