News

Mortgage & refinance rates today drop to lowest level since October 2024: 30-year fixed at 6%, 15-year fixed at 5.50% should you lock in now?

Mortgage rates today November 27, 2025: Mortgage rates have fallen to their lowest point since October 2024, with both 30-year and 15-year fixed rates decreasing this week. Freddie Mac reported a 6.23% average for 30-year fixed rates and 5.51% for 15-year fixed rates. Zillow's data shows similar downward trends across various loan types, including purchase and refinance options.