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Today’s Mortgage Refinance Rates: June 17, 2025 – Rates Climb

  • Today's mortgage refinance rates saw an increase, with a 30-year fixed refinance rate at 6.88%.
  • Average refinance rates include 5.81% for a 15-year and 6.69% for a 20-year financed mortgage.
  • A 30-year fixed-rate mortgage refinance is at 6.88%, with a borrower paying $658 per month for principal and interest.
  • The APR for a 30-year mortgage is 6.91%, encompassing the total cost of the loan.
  • For a 20-year fixed refinance, the average interest rate is 6.69%, with an APR of 6.73%.
  • A 15-year fixed mortgage refinance averages about 5.81% with an APR of 5.85%.
  • Both jumbo mortgage refinance rates for 30-year and 15-year fixed decreased, with borrowers paying $676 and $867 per month, respectively.
  • Considering a mortgage refinance requires comparing rates, loan terms, and associated costs for potential savings.
  • Factors like reducing monthly payments, paying off the loan faster, or tapping into home equity drive homeowners to refinance.
  • Evaluating the break-even point by comparing savings to closing costs is essential before deciding on a refinance.

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