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.
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,
‘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 ...
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 ...
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 ...
NerdWallet on MSN17h
Weekly Mortgage Rates Trickle Down; Refinances Are on the Rise
Mortgage rates are unlikely to see major drops any time soon, as economic markets wait to see what comes of the Trump ...
My partner and I paid off our mortgage early even though our financial advisor told us not to. Sometimes, I regret it.
Krisann Valdez paid off her $150,000 mortgage six years ago. She says the peace of mind is great, but she regrets not putting ...
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 ...
Mortgage rates drop leading to increased purchase applications
Mortgage rates fell this week, making way for an increase in purchase applications, according to the latest Freddie Mac ...
The rise of the reluctant landlord
Sell the old house or rent it out? Going the landlord route makes sense for some, but it's not easy.