Mortgage rates fall to a 2-month low

Mortgage Rates Fell Again Friday—to a New 2025 Low. Here’s How Much That Could Save You on Monthly Payments.
Despite the recent improvement, things were better in September, when the 30-year average plunged to a two-year low of 5.89% (the cheapest Friday average being 6.03%). But rates bolted higher in October and November and then took additional steps higher around Christmas and in January.
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%.
Mortgage Rates Fall to New 2025 Low
Macroeconomic factors kept the mortgage market relatively low for much of 2021. In particular, the Federal Reserve had been buying billions of dollars of bonds in response to the pandemic's economic pressures. This bond-buying policy is a major influencer of mortgage rates.
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.
Mortgage Rates Tick Down to 6.85% as Spring Selling Season Approaches
The post Mortgage Rates Tick Down to 6.85% as Spring Selling Season Approaches appeared first on Real Estate News & Insights ...
Mortgage Rates Today: February 20, 2025 – Rates Remain Fairly Steady
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.87%, down 0.11 percentage point from the previous week, ...
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Today’s 15-Year Mortgage Refinance Rates
Note that rates on 15-year mortgages tend to be lower than rates on 30-year loans, but higher than rates on 10-year loans. The current average rate on a 15-year refinance is 6.75% ...
Too Good to Be True? How a Shared Equity Mortgage Works
Mortgage terms are usually 10 years but can be up to 30 years. Qualifying is much easier than for home equity loans, with ...
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What are today's mortgage and mortgage refinance interest rates?
You may qualify for different rates and terms, which can make a big difference in what you pay over the lifetime of the loan. Find the best mortgage refinance rates that you can qualify for ...
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BNZ the latest to cut home loan rates, embedding a 2½ year low
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive ...
Latest HELOC & Home Equity Loan Rates: February 20, 2025
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
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Mortgage Rate Lock Guide
Bob Musinski has written about a variety of financial-related topics – including personal and business loans, credit cards and personal credit – for publications such as U.S. News and World ...