Jan. 23, 2025 – Rates Move Down

Mortgage Rates Today: January 23, 2025 – Rates Move Down
The current mortgage rate on a 30-year fixed mortgage fell by 0.14 percentage point in the last week to 6.97%, according to the Mortgage Research Center. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.
Today's Mortgage Rates | Rates Are Down For Now
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear if they'll drop further.
Will mortgage rates fall below 6% in 2025? What experts say
"While I'd love to say rates will drop below 6% in 2025, I think it's a moderate probability and not a certainty," says Steven Parangi, a licensed mortgage loan originator and owner of Alpine Mortgage Services. His view aligns with the Mortgage Bankers Association's prediction that rates will stay between 6% and 7% throughout the year.
Mortgage Refinance Rates Today: January 23, 2025—Rates Decline
The rate on a 30-year fixed refinance fell today. The average rate on a 30-year fixed mortgage refinance is 7.33%, according to Curinos, while the average rate on a 15-year mortgage refinance is 6.44%.
Should I Lock My Mortgage Rate Today?
The timing of your rate lock could save or cost you thousands of dollars. If you're in a bidding war or hoping to close quickly, you probably want to lock the rate.
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Today's Mortgage Rates | Rates May Not Drop Much in the Next Two Years, Fannie Mae Says
These are today's mortgage and refinance rates. Mortgage rates may not fall as much as initially expected this year thanks to sticky inflation.
Mortgage Rates Fall to Lowest Level of the New Year
After recently shooting up to their highest level since May, rates on 30-year mortgages have moved the other way—falling four days in a row. Most other loan rates also dropped.
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...
Forbes2d
Mortgage Rate Lock Guide
Commissions do not affect our editors' opinions or evaluations. Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and ...
Crain's Detroit19h
Mortgage rates drop for first time in weeks, but homebuyers still face affordability challenge
Homebuyers are still facing intense affordability challenges. Borrowing costs are hovering close to the highest level in months and purchase prices are continuing to rise. House hunters are pulling ...
Benzinga.com2d
Compare Current Mortgage Rates
Most analysts expect mortgage rates to remain relatively flat for the rest of the year. However, another interest rate cut or economic shifts could change that equation. The current mortgage ...
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
Q1 2025 mortgage rates: 30-year fixed loans to average 6.7%
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
Today's Mortgage Rates | Rates Hold Steady Around 6.70%
These are today's mortgage and refinance rates. Mortgage rates remain elevated, and they might not drop much this year unless ...
Irish Examiner3h
Interest rates falling for borrowers and depositors
We are entering another year of interest-rate cuts, which means it is time to shop around again and look at your options ...