With Mortgage Rates Down to a 2025 Low, Here's How Much You Could Save on a Monthly Payment.
Rates on 30-year new purchase loans ended last week 5 basis points lower than the previous Friday, dipping to a 6.79% average. That's now the cheapest weekly average of 2025. Compared to five weeks ago, when rates shot up to a 7-month high of 7.09%, today's 30-year rates are a substantial 30 basis points lower.
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.87%, down 0.11 percentage point from the previous week, ...
One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.
Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.
Thursday, reducing the average to its cheapest level since mid-December. Rates also fell for many other refi loan types.
With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.
It was almost a mildly interesting day as rates started out slightly higher. To be fair, even that would not have been too ...
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