Mortgage rates fall to a 2-month low

Mortgage rates fall to a two-month low, but buyers are still on the sidelines
Tight conditions are squeezing buyers across the country. In Westchester County, New York, real estate agent Pamela Grunstein is navigating a market that has 1.6 months of supply – a far cry from the 6 months or so that’s long been considered the sign of an evenly balanced market.
Mortgage rates fall for fifth week in a row, hover near 7%
Mortgage rates fell for a fifth week in a row but remain elevated near 7%, Freddie Mac said on Thursday. The average rate on a 30-year fixed mortgage is 6.85%.
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.
Relatively Stable Weekly Mortgage Rates Need a Reason to Truly Drop
Mortgage rates moved slightly lower this week, but not enough to motivate most buyers. The average rate on the 30-year fixed-rate mortgage fell five basis points to 6.79% the week ending Feb. 20, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.
Average US rate on a 30-year mortgage slips to 8-week low
The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the bus
Mortgage rates fall for fifth straight week: What it means for homebuyers
The average 30-year mortgage rate has dropped for the fifth consecutive week, hitting an eight-week low. Here’s what it means for prospective homebuyers.
Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what's traditionally the busiest time of the year for home sales.
Why adjustable-rate mortgages might be better bargain than fixed
Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.
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Current 15-Year Mortgage Rates
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.
What's the mortgage rate forecast for March 2025?
With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.
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Homebuyers are adjusting to the new normal of 7% mortgage rates
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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Mortgage Rates Forecast For 2025: Experts Predict How Much Rates Will Drop
Indeed, mortgage rates steadily marched upward following September’s jumbo-sized 50-basis point cut, with the 30-year-fixed mortgage rate now hovering in the upper 6% range. “I don’t expect ...
Mortgage Rates Slide to 6.87%, Foreshadowing Stronger Housing Demand—Despite Worryingly High Inflation Report
The post Mortgage Rates Slide to 6.87%, Foreshadowing Stronger Housing Demand—Despite Worryingly High Inflation Report ...
Mortgage Refinance Rates Today: February 19, 2025 – Rates Rise
The rate on a 30-year fixed refinance rose to 6.95% today, according to the Mortgage Research Center. Rates averaged 5.95% ...