Refinance Rates Move Up: Current Refinance Rates on July 25, 2025

Here is a 161-word summary of the news article: Refinance rates have risen this week, according to the latest data. The average rate on a 30-year fixed-rate refinance loan increased, as did the average rate on a 15-year fixed-rate refinance. Experts suggest this may be a good time for homeowners to consider waiting before refinancing, as rates have trended upward. Refinance rates are influenced by a variety of economic factors, including the Federal Reserve's monetary policy decisions. With the possibility of further rate hikes, refinance rates may continue to climb in the coming weeks and months. For those who are considering refinancing, it's important to carefully evaluate the current rates and compare them to your existing mortgage terms. The decision to refinance should be based on your individual financial situation and long-term goals. Consulting with a mortgage professional can help you determine the best course of action.