Mortgage rates are up and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.27%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.

The rate on a 30-year fixed refinance climbed to 6.35% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.38%, and for 20-year mortgages, the average is 6.

Heading into this week's Federal Reserve meeting, mortgage rates declined to the lowest levels of 2025. Here's what that might mean for 2026 and beyond.

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home's value and pay that amount back in monthly installments.

Mortgage interest rates are holding steady, are unlikely to fall again to 2-3%, and are not directly tied to action by the Federal Reserve, say industry experts we talked to.

By Sarupya Ganguly BENGALURU, Dec 10 (Reuters) - U.S. home prices will rise just 1.4% in 2026 after a similar performance this year, a Reuters poll of property experts showed on Wednesday, the slowest annual pace in 14 years despite expectations for several more interest rate cuts.