Average mortgage refinance rates for January 24, 2025 Loan terms Lastest rates 30-year fixed-rate refinance loan 7.21% ? 0.048% 15-year fixed-rate refinance loan 6.534% ? 0.032% 7/1 adjustable-rate refinance loan 6.662% ? 0.034% 10/1 adjustable-rate refinance loan 6.897% ?
Fixed-rate mortgages (FRMs) have interest rates that never change, unless you decide to refinance. This results in predictable monthly payments and stability over the life of your loan. Adjustable-rate loans have a low interest rate that's fixed for a set number of years (typically five or ...
January 23, 2025 The average mortgage interest rates decreased slightly week over week — 30-year fixed rates went down (7.04% to 6.96%) as did 15-year fixed rates (6.27% to 6.16%). The number of mortgage applications increased 0.1% as reported byMortgage Bankers Association. “Mortgage app...
Mortgage Rates January 21, 2025 Lender Product Rate APR Points Hawaii State Federal Credit Union 10 Year ARM 6.125% 1.750% 6.701 1st Northern California Credit Union 7-Year Fixed 3.990% 4.357% 0.750 1st Northern California Credit Union 10-Year Fixed ...
Will Mortgage Rates Go Down in 2025? Mortgage rates may decline this year, but not by much. Analysts expect the 30-year fixed rate to stay in the mid-6% range throughout 2025 and 2026, although the forecast is far from guaranteed. In January 2023, some experts predicted that rates would...
Average mortgage refinance rates for January 13, 2025 Loan terms Lastest rates 30-year fixed-rate refinance loan 7.309% ⇑ 0.077% 15-year fixed-rate refinance loan 6.622% ⇑ 0.063% 7/1 adjustable-rate refinance loan 6.682% ⇑ 0.045% 10/1 adjustable-rate refinance loan 6.9...
Current Mortgage Interest Rates Today in California of January 2025 30-year fixed-rate 6.345% 6.456% 20-year fixed-rate 5.849% 6.007% 15-year fixed-rate 5.654% 5.867% 10-year fixed-rate 5.583% 5.880% 7-year ARM 6.542% 6.651% 5-year ARM 6.346% 6.479% 3-year ARM 2.340% 3.371% 30-yea...
Will Mortgage Rates Go Down in 2025? Mortgage rates may decline this year, but not by much. Analysts expect the 30-year fixed rate to stay in the mid-6% range throughout 2025 and 2026, although the forecast is far from guaranteed. In January 2023, some experts predicted that rates would...
Chart represents weekly averages for a 30-year fixed-rate mortgage. Average for 2023-25 as of January 10, 2025. Source: Freddie MacPMMS. (c) TheMortgageReports.com Historic mortgage rates: Important years for rates The long-term average for mortgage rates is just under 8 percent. That’s...
Updated January 10, 2025 Reviewed by Thomas Brock Fact checked by Betsy Petrick Part of the Series When to Buy a Home Based on Mortgage Rates The average 30-year fixed mortgage rate was 7.00% on Thursday, Jan. 9. The 20-year fixed mortgage rate was 6.88%, 15-year fixed mortgage rate...