Mortgage Rates Today (Dec. 17, 2025): 30-Year Fixed Hovers Near 6% After the Fed Cut—What It Means for Refinancing and a $700,000 Mortgage
Mortgage rates remained in the low-6% range after the Federal Reserve cut its benchmark rate to 3.5%–3.75% on December 10. Bankrate reported a 30-year fixed purchase rate at 6.26% and a 15-year at 5.67% as of December 17. NerdWallet listed the 30-year fixed at 6.11% APR. Mortgage rates have not dropped in step with the Fed due to influences from Treasury yields and inflation expectations.