Mortgage Rates Dip Down: Mortgage Rates on June 20, 2025

The week’s best fixed and variable mortgage rates

With the Bank of Canada less likely to cut rates this year, variable-rate mortgages are less appealing

Mortgage Rates Dip Down: Mortgage Rates on June 20, 2025

A couple of key mortgage rates ticked downward. Lower mortgage rates could bring positive news to the housing market in 2025.

Mortgage Rates Move Lower

Economists say that while pockets of economic uncertainty persist, consumer confidence has rebounded from its spring dip; steady mortgage rates and improving buyer sentiment also could be setting the stage for a busy summer housing market. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM)… The post Mortgage Rates Move Lower appeared first on RISMedia.