Today's Mortgage Rates March 8, 2025: Rates Drop After Sluggish Jobs Report
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Today's Mortgage Rates March 8, 2025: Rates Drop After Sluggish Jobs Report
On March 8, 2025, mortgage rates experienced a notable decrease, bringing a sigh of relief to potential homebuyers and those looking to refinance their existing loans. The average 30-year fixed mortgage rate has now settled at 6.31%, while the 15-year fixed rate has dipped to 5.63%. This shift comes after two days of increases, driven by the latest jobs report indicating a slowdown in job growth and a slight rise in unemployment. These economic …
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