Mortgage and refinance interest rates today, August 16, 2025: Fixed rates inch up
Snippet of Article: "...Mortgage rates have been inching down recently, but they're up again today. According to Zillow data, the 30-year fixed mortgage rate has increased by five basis points to 6.52% while the 15-year fixed rate moved up seven basis points to 5.70%.
The CME FedWatch tool reports an 85% chance that the federal funds rate will be cut in September. ..."