Mortgage Rates Today: January 9, 2025—Rates Remain Fairly Steady
Today, the mortgage interest rate on a 30-year fixed mortgage is 7.35%, according to Curinos. On a 15-year fixed mortgage, the average rate is 6.54%, and the average rate on a 30-year jumbo mortgage is 7.
Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
Weekly Mortgage Rates Ebb, but Rates Unlikely to Plunge in 2025
Mortgage interest rates pulled back a little this week, but it was hardly enough to erase the past three weeks' gains. The week ending Jan. 9, the average rate on the 30-year fixed-rate mortgage fell four basis points to 6.93%, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point.
Mortgage rates creeping back up toward 7%
Mortgage rates are starting 2025 at the highest they've been since last summer on expectations that the Fed will keep rates higher longer.
U.S. Mortgage Rates Climb to Highest Since July
U.S. mortgage rates are back at their highest level since last summer, frustrating homebuyers waiting for a break from some of the steepest borrowing costs in more than a decade.
Mortgage Rates Continue to Trend Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.93 percent. "In the first full week of the new year,
US 30-year fixed-rate mortgage rate hovers just under 7%
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
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What factors drive mortgage loan interest rates?
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
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