Mortgage and refinance interest rates today, December 19, 2025: Stable rates push purchase applications 10% higher

Mortgage rates remain stable. According to Freddie Mac, the national average 30-year fixed mortgage this week is 6.21%. A year ago, it averaged 6.72%. The 15-year fixed rate is 5.47%. At this time last year, it averaged 5.92%. “The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months,” said Sam Khater, Freddie Mac’s chief economist. “With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.” C ...