For now, expectations for interest rate cuts in 2025 are relatively limited. This may limit the potential for lower mortgage rates.

These are today's mortgage and refinance rates. Mortgage rates have gone up thanks to strong economic data. Where they go next depends on inflation.

Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.

Today, the mortgage interest rate on a 30-year fixed mortgage is 7.43%, according to Curinos. On a 15-year fixed mortgage, the average rate is 6.61%, and the average rate on a 30-year jumbo mortgage is 7.