Mortgage Rates Plummet Again

This is a U.S. news story, published by Yahoo Finance, that relates primarily to Freddie Mac news.

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mortgage rates

Yahoo Finance

•

Business

Business & Economics

Mortgage and refinance interest rates today, April 25, 2025: Rates drop 36 basis points in a year

Summary

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80% Informative

After spiking last week , mortgage interest rates are back down again this week .

Freddie Mac : The average 30-year fixed mortgage rate has ticked down by two basis points to 6.81% , and the 15-year rate has decreased by nine basis points.

Rates on both terms have fallen more significantly since this time last year .

Average mortgage rates have decreased this week , but they're fairly volatile in general due to the U.S. economy and political climate.

Just last week , rates spiked by 21 basis points.

When will mortgage rates go down enough to lower your monthly payment significantly? It could be months , if not well over a year.

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informal

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English

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