Key Refi Rates Moves Higher: Today's Refinance Rates, July 29, 2025

Key Refinance Rates Move Higher on July 29, 2025 On July 29, 2025, refinance rates saw some fluctuations, with one key rate increasing. The average 30-year fixed refinance rate rose to 4.85%, up from 4.80% the previous day. Meanwhile, the average 15-year fixed refinance rate remained unchanged at 4.10%. The increase in the 30-year fixed refinance rate reflects the ongoing uncertainty in the mortgage market, as economic factors and Federal Reserve policies continue to influence borrowing costs. However, the 15-year fixed refinance rate held steady, indicating that shorter-term refinancing options may still be attractive for some homeowners. Homeowners considering refinancing should carefully evaluate their individual financial situations and compare rates from multiple lenders to find the best option for their needs. The fluctuations in refinance rates underscore the importance of staying informed and making informed decisions when it comes to refinancing a mortgage.