Wed, June 4, 2025
Tue, June 3, 2025
Mon, June 2, 2025
Sun, June 1, 2025

Current refi mortgage rates report for June 3, 2025

On June 3, 2025, mortgage refinance rates have seen a slight increase, with the average 30-year fixed-rate mortgage at 7.00%, up from 6.99% the previous week, and the 15-year fixed-rate at 6.25%, up from 6.24%. The 10-year fixed-rate mortgage stands at 6.125%, a rise from 6.10%. Despite these increases, experts suggest that now could still be a good time to refinance due to the potential for future rate hikes. Factors such as credit score, loan amount, and economic conditions continue to influence the rates offered to individual borrowers. Additionally, the article advises homeowners to consider their long-term financial goals and consult with a mortgage professional before making a decision.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-refi-mortgage-rates-06-03-2025/ ]