Mortgage Rates Today: February 10, 2025 – Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 6.87%, compared to 6.84% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Unfortunately, that's meant little improvement in terms of mortgage rates. In fact, the average 30-year rate now sits at nearly 7%, according to Freddie Mac — a far cry from the 6.08% rate we saw in early September as the Fed prepared for its first rate cut in years.
Mortgage rates touch the lowest of 2025, but remain just shy of 7%
Mortgage interest rates slipped lower over the past week, settling at the lowest level of 2025, but remaining elevated enough to stifle normal levels of buying and selling in the housing market.
‘Mortgage rates will pull back:’ 4 pros predict where mortgage rates will go in February 2025
For his part, Lewis says mortgage rates are poised to drop in February, after climbing above 7% in January. “The direction of consumer prices will have the strongest effect on mortgage rates in February. The core inflation rate should decline further, giving bond yields and mortgage rates room to fall, but not by a lot,” says Lewis.
30-Year Mortgage Refinance Rates
See current 30-year refinance rates and how they've been trending. Find the lowest rates to save on your mortgage, lower your payments, or access home equity.
Current 15-Year Mortgage Rates
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is currently around 6.00%. That’s nearly a full percentage point lower than the average 30-year fixed mortgage rate, which is sitting in the upper 6.00% range.
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts.
Today's Mortgage Rates | Rates Barely Budge
These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if they'll drop much this year.
Mortgage Rate Predictions for Week of Feb. 3-9, 2025
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed mortgage was around 6.96%, according to Bankrate data, which is 0.15% lower than January's peak of 7.11%. But February could see more turbulence than usual.
30-Year Refinance Rates Fall Back to Notable Threshold
Refi rates have ticked down, lowering the 30-year rate average after two days of inching up. Rates for several other refi loan types also dropped Monday.
Today’s Mortgage Refinance Rates: February 10, 2025 – Rates Remain Stable
Mortgage refinance rates didn’t move at 6.94% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.91%. On a 20-year mortgage refinance, the average rate is 6.
Another major bank cuts mortgage rates: Will cheapest deals head back below 4%?
The high street bank has reduced mortgage rates for both home movers and those remortgaging, by up to 0.36 percentage points.
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