Category: Financing
Mortgage Rate Predictions for Week Jan 30 – Feb 5 2025
February 2nd, 2025
So, you're looking to buy a home or refinance your current mortgage and wondering what the future holds for interest rates? It's the question on everyone's mind! Well, based on a recent expert poll, here’s the scoop: a slight majority of …Read more »
Today’s Mortgage Rates February 2, 2025: Rates Drop Slightly
February 2nd, 2025
As of February 2, 2025, today's mortgage rates have dropped to the mid-6% range, providing a slight relief to potential homebuyers. After a notable increase last month, rates are showing a small decline as the market adjusts to recent economic …Read more »
Today’s Mortgage Rates January 31, 2025: Rates Drop, Key Trends
January 31st, 2025
As of January 31, 2025, today's mortgage rates are seeing a slight decrease compared to previous weeks, with the average 30-year fixed mortgage rate now standing at 6.96%. This reduction is significant for potential home buyers and those considering refinancing, as …Read more »
Fed’s Meeting in January 2025: Impact on Mortgage Rates
January 31st, 2025
The January 2025 Federal Reserve meeting had a significant impact on mortgage rates, though not in the way many might have expected. The Fed decided to hold interest rates steady, which led to a slight increase in mortgage rates due to …Read more »
30-Year Mortgage Rate Falls Below 7% to Close January 2025
January 31st, 2025
Yes, you read that right. Mortgage rates have dipped below the 7% mark, offering a small glimmer of hope to those of us who've been watching the housing market with bated breath. For the first time in what feels like an …Read more »
Refinance Rates Today January 30, 2025: Trends and Insights
January 30th, 2025
If you're pondering the question of "refinance rates today - January 30, 2025," you've come to the right place. Today's average refinance rates for a 30-year fixed mortgage stand at 7.02%, reflecting a 10 basis point decrease from last week. This insight …Read more »
Today’s Mortgage Rates Rise After Fed’s Decision: January 30, 2025
January 30th, 2025
As of today, January 30, 2025, today's mortgage rates are sitting at an average of about 6.70%. We're seeing a bit of a bump, mainly because the Federal Reserve has been making some moves related to interest rates and inflation keeps hanging …Read more »
No Interest Rate Cut in Jan 2025: Decoding the Fed’s Pause
January 29th, 2025
The Federal Reserve held steady on interest rates at its January 2025 meeting, maintaining the benchmark federal funds rate at 4.25% to 4.50%. This decision means no immediate relief on the borrowing front. While this news might feel a bit disheartening, …Read more »
Today’s Mortgage Rates January 29, 2025: Rates Drop Slightly
January 29th, 2025
As of January 29, 2025, mortgage rates have dipped slightly, with an average rate of 6.67% for 30-year fixed mortgages. Economic shifts, particularly a tech stock sell-off influenced by developments in artificial intelligence, have pushed bond yields lower, contributing to this …Read more »