These are today's mortgage and refinance rates. Mortgage rates are supposed to drop next year, but that hinges on inflation remaining low.

Current U.S. mortgage rates show mixed trends, with the 30-year fixed rate steady at 6.45% and the 15-year fixed dipping slightly to 5.80%, according to Yahoo Finance.

A drop in mortgage rates for the first time in two months has sparked a surge in home purchase applications, breathing new life into the stagnant housing market.

These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, and they may only drop a little bit next year.

Rates on new 30-year home loans held their ground at a slightly lower level Tuesday, after sinking dramatically Monday. Movement was mixed for other loan types.

The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage

Thinking about taking out a mortgage loan? Current mortgage rates rise to 6.99% for 30-year terms, while 15-year terms increase to 6.25%.

Pending home sales increased in October as house hunters reacted to increased property inventory and confidence over economic conditions.

These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, and whether they fall soon depends on what the Fed does.

The average rate on a 30-year mortgage has been mostly rising since sliding to a two-year low of 6.08% in late September.