Mortgage rates touch lowest of 2025

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 Today: February 6, 2025 – Rates Remain Fairly Steady
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.85%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.86%. On a 30-year jumbo mortgage, the average rate is 7.
Mortgage rates went down again. Here’s how that affects what you owe.
The average rate for a 15-year mortgage, popular with homeowners looking to refinance to a lower rate, also decreased.
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.
Mortgage rates edge lower, remain near 7%
Mortgage rates fell slightly again this week but long-term rates remain in the upper-6% range as the housing market continues to drag, waiting for greater declines.
Mortgage Rates Decrease
The 30-year fixed-rate mortgage decreased this week, now averaging 6.89%,” said Sam Khater, Freddie Mac’s Chief Economist. “Mortgage rates have been stable over the last month and incoming data suggest the economy remains on firm footing.
UK Inflation Drops to 2.5%—What It Means for Interest Rates, Mortgages, and Savings
The Bank of England is expected to lower interest rates for the first time in months, as it seeks to counteract the UK’s sluggish economic growth. Economists anticipate a 0.25 percentage point reduction,
A jump in delinquencies in a corner of the mortgage market suggests first-time homebuyers may be struggling
"Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace," the ...
Fannie Mae Underpins the Mortgage Market. Should the Government Sell It?
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
‘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 ...
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 ...
Toward A Study Of Cooperative Ownership As Mortgage Alternative
It's time to rethink the mortgage or maybe abandon it for cooperative ownership. What questions to we need to answer?
CNET on MSN2d
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 Expert Warns Homeowners Not To Throw Away This Form Sent With Your Recent Statement
A mortgage expert has warned homeowners not to throw away their 1098 tax forms before they file. In her recent video, ...
Which Costs More: A Super Bowl Ticket or Your Mortgage?
A study compared the cost of the cheapest seat at Sunday’s game to a typical monthly mortgage payment in 50 major U.S. metros ...
‘I wasn’t able to pay for my mortgage or food’: Retired Florida seniors are going back to work in 2025 to make ends meet — why ‘unretirement’ is currently big in ...
With the cost of living rising, retiring in Florida may no longer be the wonderful experience it’s made out to be.