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, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by going with a 15-year fixed mortgage,
Mortgage Rates Trend Down
Mortgage rates decreased slightly this week,” said Sam Khater, Freddie Mac’s Chief Economist. “The 30-year fixed-rate mortgage has stayed just under 7% for five consecutive weeks and in that time has fluctuated less than 20 basis points.
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
Today’s Mortgage Refinance Rates: February 20, 2025 – Rates Decline
The rate on a 30-year fixed refinance declined to 6.94% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.96%. On a 20-year mortgage refinance, the average rate is 6.
30-Year Mortgage Rates Tick Up Slightly, Remain Near Recent Lows
Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was mixed for other loan types.
Mortgage rates down marginally
Mortgage rates decreased marginally this week, with the 30-year fixed-rate mortgages staying below the 7% mark for five consecutive weeks, said the latest Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.
Mortgage rates stay below 7% for fifth straight week
Mortgage rates have been slowly drifting lower in recent weeks, but remain stuck near 7%, a level that makes affordability challenging for many prospective homebuyers.
Current Mortgage Rates: February 20, 2025
According to Freddie Mac’s benchmark survey, the rate on a 30-year fixed-rate mortgage averaged 6.85% for the week ending February 20. The 30-year rate has decreased by less than 0.20 percentage points over the past five weeks.
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Current Jumbo Mortgage Rates In February 2025
In fact, 30-year jumbo mortgage rates can be even lower than conforming mortgage rates at some banks. While some homebuyers shop for loans based solely on interest rates, there are ...
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 ...
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Rising Inflation Shoves Mortgage Rates Higher
Some or all of the mortgage lenders featured ... The core inflation rate had been headed mostly downhill in the spring ...
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.
With Mortgage Rates Now Below 7%, How Much Could You Save on a Monthly Payment?
Though new purchase mortgage rates saw welcome declines in late November and early December, they bolted higher around Christmas—and then higher still in mid-January. But the last four weeks have ...
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What are today's mortgage and mortgage refinance interest rates?
We've compiled a list of today's average mortgage and refinance interest rates below. Start here and compare the best mortgage rates you can qualify for today. Even though interest rates ...