After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most other loans were down or flat.

Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year. Unfortunately for buyers, 2025 isn't looking much better. The Federal Reserve has been cutting interest rates,

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Mortgage rates have increased over the last few months, erasing the improved affordability borrowers enjoyed in the fall. In January 2024, 30-year rates ...

The 30-year mortgage refinance rate average retreated from its recent high but remains elevated. Many other refi loan types subtracted points as well, while a few were flat.