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30-year mortgage rates fall just in time for Christmas

The 30-year fixed mortgage rate dropped from 6.21% to 6.18%, marking the lowest level in over a year, influenced by recent Federal Reserve rate cuts.

The average rate on a 30-year fixed mortgage in the U.S. fell again this week, just in time for Christmas. But Americans don’t appear to want to buy a home for the holidays, despite the more attractive rates. Mortgage applications are at their lowest level in three months, according to the latest data from the Mortgage Bankers Association. Currently, the average rate for a 30-year fixed mortgage is 6.18%, down from 6.21% last week. A year ago on…

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Weekly Real Estate News broke the news in on Wednesday, December 24, 2025.
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