Consumer News Mortgage Rates Appear Ready To Slip Below 6

Will 6% mortgage rates create more opportunities for homebuyers?

Mortgage rates are nearing 6%, creating new opportunities for homebuyers, but LLPAs and market trends may impact affordability. Read More

Mortgage rates reversed course this week, giving buyers a break

Mortgage rates dipped slightly this week after two consecutive increases — the 30-year fixed-rate mortgage averaged 6.30%, down from 6.34% last week, marking one of the lowest levels in about a year. Read More

Mortgage rates aren’t expected to fall below 6% for next several years: economist

Mortgage rates could remain stuck above 6% for the next several years, according to newly released projections from the economists at the Mortgage Bankers Association. MBA Chief Economist Mike ... Read More

When Will Mortgage Rates Go Down? The Answer's Not As Simple As You Think

Mortgage rates are expected to decline marginally throughout the rest of 2025, but 30-year fixed rates aren't likely to dip below 6% until the end of 2026. However, the mortgage rates forecast changes ... Read More

Average mortgage rate drops to 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 more than a year, extending a recent trend that’s helped give lagging U.S. home sales a boost. The average long-term ... Read More

Mortgage Rates Today, October 24, 2025: 30-Year Rates Drop to 6.19%

Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.19%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is ... Read More