US EditionAverage US long-term mortgage rate falls to the lowest level of the year at 6.15%
The 30-year mortgage rate dropped to 6.15%, the lowest in 2025, reflecting Fed rate cut expectations and bond market trends, Freddie Mac reported Wednesday.
- On Wednesday, mortgage buyer Freddie Mac said the average 30-year U.S. mortgage rate fell to 6.15% from 6.18% last week, marking the lowest rate of 2025.
- Fed policy and investor demand influenced the move, as mortgage rates began easing in July ahead of Federal Reserve cuts that started in September and the average has held mostly steady since Oct. 30 at 6.17%.
- Refinancing costs eased as borrowing costs on 15-year fixed-rate mortgages fell to 5.44% from 5.50%, while the 10-year Treasury yield eased to about 4.14% at midday Wednesday.
- Despite lower rates, the housing market shows affordability challenges for aspiring homeowners, especially first-time buyers, while Realtor.com reports listings up sharply from last year and sellers lowering prices.
- This week’s low is notable because it is the lowest average long-term rate since October 3, 2024, and economists forecast rates will remain slightly above 6% next year.
39 Articles
39 Articles
Mortgage Rates Drop to Lowest Level of 2025: Freddie Mac
New Year’s Eve revelers may have even more to celebrate this year if they’re also potential homeowners. According to Freddie Mac, mortgage interest rates across the nation have dropped to their lowest levels of the year. In a statement, Freddie Mac revealed that interest rates on 30-year fixed-rate mortgages averaged 6.15 percent as of Dec. 31, dropping from 6.18 percent just a week ago. This same time last year, the 30-year fixed-rate mortgages…
Long-term mortgage rate drops to lowest level of 2025 at 6.15%
The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. That’s the lowest average long-term rate since October 3, 2024, when it dipped to 6.12% before shooting back up. One year ago, the rate averaged 6.91%. Borrowing costs on 15-year fixed-rate mortg…
Mortgage Relief as Rates Hit 2025 Low for Homebuyers
Mortgage relief arrived for homebuyers heading into 2026 as mortgage rates fell to their lowest level of 2025, offering a modest but notable shift after a year of elevated borrowing costs. Mortgage relief took shape in Freddie Mac’s final Primary Mortgage Market Survey of the year, which showed the average 30-year fixed mortgage rate dipped to 6.15%, down from 6.18% the prior week. The average 30-year rate began the year near 7%, underscoring th…
Mortgage rates hit 2025 low as homebuyers catch a break
Homebuyers can usher in 2026 with a little relief as mortgage rates fell to the lowest level of 2025 in the final report of the year. Freddie Mac's latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.15% from last week's reading of 6.18%. The average rate on a 30-year loan started the year around 7%. "After starting the year close to 7%, the average 30-year fix…
Mortgage rates hit 2025 low
WASHINGTON — The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. That’s the lowest average long-term rate since October 3, 2024 when it dipped to 6.12% before shooting back up. One year ago, the rate averaged 6.91%. Borrowing costs on 15-year fixe…
Coverage Details
Bias Distribution
- 64% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
