Jan. 31, 2025 – Rates Remain Fairly Steady

Mortgage Rates Today: January 31, 2025 – Rates Remain Fairly Steady
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by going with a 15-year fixed mortgage,
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Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
Today’s Mortgage Refinance Rates: January 31, 2025 – Rates Decrease
The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% for a 15-year financed mortgage and 6.8% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Fixed Refinance Interest Rates Currently,
Mortgage Rates Round Out Eerily Calm Week
For all of the news that seems to be highly likely to cause volatility for rates, the market reaction ended up playing out on a very small scale. The biggest day of movement was Monday, with rates opening moderately lower versus the previous week after the big AI-driven stock sell-off pushed some investors into the bond market (when traders buy more bonds,
There has been little movement in mortgage rates this week
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) averaged 6.95% this week, the same as the previous week.
With Mortgage Rates Near a 4-Week Low, How Much Would Your Monthly Payment Be?
Mortgage rates are up just a couple of basis points since last week, keeping them near their post-Christmas low. Rates on new 30-year fixed-rate loans averaged 6.98% on Friday, as compared to the 4-week low of 6.93%. 15-year loans saw their Friday-to-Friday average rise a more sizable 8 basis points, now up to 6.14%.
Current Mortgage Rates: January 30, 2025
Freddie Mac’s average rate on a 30-year fixed-rate loan was 6.95% for the week ending January 30, virtually unchanged from a week ago. Elevated rates continue to keep many would-be buyers on the sidelines as housing affordability remains challenging.
Mortgage rates stay stuck near 7%
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
Mortgage Rates Holding Near 2025 Low
Friday, ending the week just a few basis points above their lowest level of the new year. Many other loan types also saw steady averages.
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