Mortgage Rates Continue to Drop Ahead of Fed Decision in June 2025

Mortgage interest rates are slightly lower this week, with the 30-year fixed rate at 6.81%, as the Federal Reserve maintains current rates, and are expected to stay in a narrow range until at least September. Various mortgage options, including fixed and adjustable rates, are available, with pros and cons depending on individual financial goals. Refinancing rates are also provided, emphasizing the importance of credit improvement for better rates.