Mortgage refinance rates today: 30-year fixed rate stands at 6.39%, 15-year at 5.4% When will mortgage rates finally drop?

Mortgage refinance rates edge lower today. The 30-year fixed refinance rate stands at 6.39%, slightly up from 6.36% last week. The 15-year fixed stays firm at 5.4%, while the 20-year fixed holds near 6.07%. Zillow data shows the 30-year fixed refinance at 6.33%. The Feds next move could decide if rates drop soon. Experts say mortgage refinance rates may stay in the mid-6% range through 2025.