Mortgage and refinance interest rates today, September 17, 2025: Another drop just before an expected Fed rate cut

Mortgage interest rates have been falling in anticipation of a Federal Reserve rate cut today. According to Zillow, the average 30-year fixed mortgage rate dropped three basis points to 6.13% while the 15-year rate fell five basis points to 5.41%. Read more: Where and how to find the lowest mortgage rates right now Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.13% 20-year fixed: 5.52% 15-year fixed: 5.41% 5/1 ARM: 6.66% 7/1 ARM: ...