Mortgage rates today September 25 : Mortgage rates moved higher today, with the average rate on a 30-year purchase mortgage rising to 7.477%, up from 7.317% a day earlier, as per Zillow data.
The latest increase comes as Treasury yields remain elevated and investors continue to react to expectations surrounding the Federal Reserve's interest-rate policy. So that means, for homeowners looking to refinance, rates are also higher. The average 30-year refinance rate is 7.588% and the 15-year refinance rate is 6.648%.
