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Mortgage rates today: Why have mortgage rates dropped to the lowest level in a year — and what’s driving the 111% refinance boom?

Mortgage rates today hit the lowest level in over a year. Rates fell to 6.30% from 6.37%. That’s the weakest since September 2024. Refinance demand jumped 9% in a week. It’s now up 111% from last year ... Read More

Mortgage rates fall to lowest level of 2025

Americans frustrated by high home borrowing rates may have gotten some welcome news this week. The average 30-year fixed mortgage rate dropped to 6.19% for the week ending October 23, down from 6.27% ... Read More

With Mortgage Rates Declining, Should You Refinance?

More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider. Read More

Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week ... Read More

Mortgage Rates Dip Slightly, But Is Now the Right Time to Buy a Home?

Mortgage rates saw a modest decline this week, according to Freddie Mac. We analyze what's driving the change and whether this dip signals a new opportunity for homebuyers. Read More

Mortgage rates drop to lowest level in over a year as buyers regain leverage

Mortgage rates dropped this week to their lowest level in more than a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the ... Read More

Fed Cuts Rates Again, Though Mortgage Rates Are Already Down

The Federal Reserve announced a 25-basis-point cut to the federal funds rate at the conclusion of its meeting on Wednesday, Oct. 29. The bankers had shifted into rate-cutting mode back in September ... Read More

Mortgage Rates Today, October 15, 2025: 30-Year Rates Drop to 6.31%

Explore current mortgage rates and what they mean for homebuyers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By ... Read More

Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year

The average rate on a 30-year U.S. mortgage fell again this week, dropping to its lowest level in more than a year The average rate on a 30-year U.S. mortgage fell this week to its lowest level in ... Read More

Mortgage Rates Drop As Government Shutdown Drags On

Mortgage rates declined for the second week in a row, having bounced within a narrow range since early September. This predictability is welcome news for mortgage borrowers who have faced relatively ... Read More

Mortgage Rates Today, October 20, 2025: 30-Year Rates Drop to 6.28%

Explore current mortgage rates and what they mean for homebuyers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By ... Read More