Will Mortgage Rates Go Down in October 2025?

U.S. mortgage rates increase in consecutive weeks as October begins

The 30-year mortgage rate stood at 6.34% for the week ending Oct. 2, up from 6.30% the previous week. Find out more.

Will Mortgage Rates Go Down in October 2025?

The air in October is often filled with the crisp scent of changing leaves, but for many of us, it's also filled with the burning question: Will mortgage rates go down in October 2025? My honest take, based on everything I'm seeing and hearing from the financial experts, is that we might see some modest dips, but don't expect a dramatic plunge. Rates are currently hovering around 6.3%, a slight nudged-up figure from late September's three-year l…