Mortgage rates touch the lowest of 2025, but remain just shy of 7%
Mortgage interest rates slipped lower over the past week, settling at the lowest level of 2025, but remaining elevated enough to stifle normal levels of buying and selling in the housing market.
‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of consumer prices will have the strongest effect on mortgage rates in February. The core inflation rate should decline further, giving bond yields and mortgage rates room to fall, but not by a lot,” says Lewis.
Current 15-Year Mortgage Rates
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is currently around 6.00%. That’s nearly a full percentage point lower than the average 30-year fixed mortgage rate, which is sitting in the upper 6.00% range.
Here Are Today’s Mortgage Refinance Rates: February 3, 2025 – No Movement On Rates
Mortgage refinance rates remained unchanged at 6.94% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.87%. For 20-year mortgage refinances,
Mortgage Rate Predictions for Week of Feb. 3-9, 2025
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed mortgage was around 6.96%, according to Bankrate data, which is 0.15% lower than January's peak of 7.11%. But February could see more turbulence than usual.
Mortgage rates pulled back this week
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.89%, pulling back from the 7% level. “The 30-yea
Mortgage Rates Saw a Notable Drop Last Week. Here's How Much You Could Save.
Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday. Like 30-year loans, 15-year rates sank to a two-year low in September, dropping as far as 4.97% (though the lowest Friday weekly average was 5.07%).
Weekly Mortgage Rates Trickle Down; Refinances Are on the Rise
Mortgage interest rates have fallen to their lowest point since mid-December, and have remained under 7% for the third consecutive week. The average rate on a 30-year fixed-rate mortgage fell
Mortgage Rates Today: February 5, 2025 – Rates Remain Fairly Steady
The current mortgage rate on a 30-year fixed mortgage rose by 0.01 percentage point in the last week to 6.92%, according to the Mortgage Research Center. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Today's Mortgage Rates | Rates Inch Down as Investors Await Key Data
These are today's mortgage and refinance rates. Mortgage rates are down today, but new inflation and jobs data could push ...
Three banks drop mortgage rates: Will more follow if interest rates are cut?
Mortgage lenders may be pre-empting an interest rate cut by the Bank of England tomorrow, with a 0.25 percentage point cut to ...
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
Interest rates live: Bank of England set to cut interest rates in boost for mortgage holders
Experts predict the Bank of England will cut the UK’s base interest rate, which currently sites at 4.75 per cent, to 4.5 per ...
Lower mortgage rates draw homeowners in — but keep home buyers out