Mortgage Rates Today: January 29, 2025 – Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 6.91%, compared to 6.97% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.
Mortgage rates saw their first drop in six weeks — and this is the No. 1 mortgage provider in January 2025
We analyzed mortgage reviews on 10 major financial sites to find out which providers landed on the most “best mortgage” lists
There has been little movement in mortgage rates this week
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 6.95% this week, the same as the previous week.
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained unchanged at 7.02%.
With Mortgage Rates Near a 4-Week Low, How Much Would Your Monthly Payment Be?
Mortgage rates are up just a couple of basis points since last week, keeping them near their post-Christmas low. Rates on new 30-year fixed-rate loans averaged 6.98% on Friday, as compared to the 4-week low of 6.93%. 15-year loans saw their Friday-to-Friday average rise a more sizable 8 basis points, now up to 6.14%.
U.S. 30-year mortgage rate holds steady at 6.95%
MCLEAN, Va. - Freddie Mac (OTCQB: OTC:FMCC), a prominent player in financial services with a market capitalization of $17 billion, reported today that the 30-year fixed-rate mortgage (FRM) averaged 6.
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Mortgage rates went down again. Here’s what that means for you.
The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.
A Guide to the Different Types of Mortgage Loans
Key Takeaways - A Guide to the Different Types of Mortgage Loans . Choosing the right type of home loan can save you ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
Student Loan Forgiveness Is In Limbo But Could The Interest Deduction Vanish, Too?
Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...
Average rate on 30-year mortgage eases, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Mortgage rates tick lower, hover near 7%
Mortgage rates fell slightly this week, remaining stubbornly high while would-be buyers and sellers continue to wait for ...