Mortgage Rates Dip Down: Mortgage Rates on June 20, 2025

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature.

Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation.

Average 30-year fixed mortgage rates have remained close to 7% for the last seven months, keeping prospective homebuyers on the sidelines.

For a 30-year fixed-rate mortgage, the average rate you'll pay is 6.82% today, down -0.05% from seven days ago. The average rate for a 15-year fixed mortgage is 6.00%, which is a decrease of -0.04% compared to a week ago.

Today's average mortgage rates on June 20, 2025, compared with one week ...