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Mortgage Rates Today: February 19, 2025 – Rates Remain Fairly Steady

  • The average interest rate on a 30-year fixed mortgage is 6.86%, compared to 6.91% a week ago.
  • The average rate on a 15-year fixed mortgage is 5.97%, down 0.00 percentage point from the previous week.
  • Homeowners should compare their existing mortgage rate with current market rates to determine if refinancing is worth the cost.
  • Factors such as the economy, benchmark interest rates, and borrower-specific factors can affect mortgage rates.

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