Mortgage rates in the U.S. remain relatively stable on June 15, 2025, with only modest day-to-day movement across most loan types. According to Zillow, the average 30-year fixed mortgage rate now sits at 6.73%, inching up by just one basis point.
Meanwhile, the 15-year fixed rate has risen slightly to 6.00%. Adjustable-rate mortgages (ARMs) continue to trend higher, with the 5/1 ARM at 6.96% and 7/1 ARM at 7.40%.
Mortgage refinance rates show mixed movement. The 30-year refinance rate dropped slightly to 6.81%, while the 15-year refinance rate nudged up to 6.02%. These rates reflect national averages and may vary by lender and borrower profile.
Today’s Mortgage Rate 15 June
Today’s Mortgage Rate Snapshot (Zillow) – June 15, 2025
| Loan Type | Interest Rate |
|---|---|
| 30-Year Fixed | 6.73% |
| 20-Year Fixed | 6.52% |
| 15-Year Fixed | 6.00% |
| 5/1 ARM | 6.96% |
| 7/1 ARM | 7.40% |
| 30-Year VA Loan | 6.36% |
| 15-Year VA Loan | 5.76% |
Mortgage Refinance Rates – June 15, 2025
| Refinance Loan Type | Interest Rate |
|---|---|
| 30-Year Fixed Refi | 6.81% |
| 15-Year Fixed Refi | 6.02% |
| 5/1 ARM Refi | 7.32% |
The Mortgage Bankers Association expects 30-year mortgage rates to hover around 6.7% through Q3 2025, with minimal movement expected by year-end unless influenced by international economic tensions or Federal Reserve shifts.
Tips to Secure the Best Mortgage Rate in 2025:
- Improve your credit score before applying.
- Shop around with multiple lenders.
- Consider loan types like FHA, VA, or USDA.
- Lock in your rate when favorable.
- Make a larger down payment if possible.
For potential homebuyers and those considering a refinance, staying informed and comparing lender offers is key to maximizing savings over the life of the loan.