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According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage has fallen to 6.47%, a steep decline from 6.73% a week ago and the 2024 high of 7.22%. Rates on 15-year mortgages fell ...
There's a good chance that mortgage rates will drop before 2025. But don't expect a plunge -- rather, it's more likely we'll see a modest decline from where rates stand today.
Freddie Mac reports an average 6.95% for a 30-year fixed-rate mortgage, down 1 basis point from last week's average 6.96%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Freddie Mac reports an average 6.95% for a 30-year fixed-rate mortgage, down 1 basis point from last week's average 6.96%, according to its weekly Prime Mortgage Market Survey of nationwide ...
For much of 2023 and parts of 2024, mortgage rates were above 7%. So if you locked in a mortgage rate of 7.25% and rates fall to 5.9% in 2025, that's a wide enough spread for a refinance to make ...
“Looking at the end of this year and into 2025, I foresee mortgage rates staying in the 6% range, likely bouncing between 6% and 7%,” shared Dan Richards, president of Flyhomes Mortgage. “A ...