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, ...
Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.
With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.
Thursday, reducing the average to its cheapest level since mid-December. Rates also fell for many other refi loan types.
As the 2025 spring homebuying season approaches, the long-term costs of a home loan are inching lower even as market ...
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