The Rate Update: Mortgage Rates Today — October 27, 2025 | Daily Market Snapshot

Today’s mortgage rate update for October 27, 2025. See where rates are headed, how the Fed and bond market are reacting, and what it means for your next home loan.

The Rate Update — Daily Mortgage Snapshot
Live averages • Updated October 27, 2025

Mortgage & Refi Rates Today

National averages from reputable surveys — plus quick tools and tips from Dan Frio (One application, one credit pull, 30+ lenders).

Rates at a glance

Side‑by‑side from Daily (Zillow) • Daily (MND Index) • Weekly (Freddie Mac PMMS)
30‑Year Fixed (Conforming)
Zillow — Oct 27, 2025
5.99%
MND — Oct 24, 2025
6.19%
Freddie Mac — Week of Oct 23, 2025
6.19%
15‑Year Fixed
Zillow — Oct 27, 2025
5.25%
MND — Oct 24, 2025
5.76%
Freddie Mac — Week of Oct 23, 2025
5.44%
7/6 ARM
Zillow — Oct 27, 2025
6.00%
MND — Oct 24, 2025
5.85%
PMMS — N/A (weekly fixed focus)
30‑Year VA (Indicative)
Zillow — VA varies
MND — Oct 24, 2025
5.97%
Freddie Mac — not broken out
Notes: These are broad national averages. Your pricing will vary by credit score, loan size, points, LTV, property type, and lock period. I’ll shop 30+ lenders to find your actual rate and costs.

Payment quick‑calc

Estimate principal & interest only. Add taxes/insurance/HOA below.
Calculate
Monthly P&I: $2036.29
Est. Total: $2386.29

30‑year vs 15‑year — what changes?

$300,000 @ 5.99% (30‑yr)
$1797 /mo
$300,000 @ 5.44% (15‑yr)
$2442 /mo
Lower monthly payment
Higher total interest
Great for longer horizons

Fixed vs ARM — where each fits

  • Fixed: Rate never changes. Great if you’ll keep the loan 7+ years or value payment certainty.
  • ARM (e.g., 7/6 SOFR): Lower upfront rate; adjusts after the fixed window. Smart for short horizons or when you expect income growth — but understand caps, margins, and indexes.
We’ll compare fixed vs ARM across multiple lenders so you can see the breakeven and worst‑case caps in plain English.

Ways to lower your rate

Improve credit
FICO tiers move pricing. Even +20 points can be worth it.
Monitor:SmartCredit
Points vs no‑points
Buy down today’s rate or take lender credits — I’ll run the breakeven math.
Short/long horizon
Tax impact
Lock timing
Data days (CPI/Fed) can swing pricing. I’ll watch the calendar for you.
Float‑down?
Shop breadth
One app, one pull, 30+ lenders. We sift the fees & small print.
Conforming
FHA • VA • USDA • Jumbo

Quick FAQs

  • What’s a “good” rate? Depends on your profile. Today’s national 30‑yr averages are ~6%–6.2%.
  • Will rates drop? They’ve eased recently. Big shifts hinge on inflation, jobs data, and Fed policy.
  • Should I refi? If your target rate cuts payment enough (or you need cash‑out/MI removal), let’s run numbers.

Methodology & sources

National averages shown above are pulled from third‑party surveys and rate indexes and are for informational purposes only. Your actual rate depends on underwriting factors and chosen pricing (points/credits). This page is an editorial mock‑up styled for The Rate Update and is not affiliated with Yahoo Finance.

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* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.