Jan. 28, 2025 – Rates Remain Fairly Steady

Mortgage rates are stuck at 7% as Fed holds steady on interest rates
Mortgage rates are largely stuck at 7% for the time being. The Federal Reserve on Wednesday announced that it was holding its benchmark interest rate steady. The 30-year mortgage rate barely budged following the Fed’s announcement,
Mortgage demand drops further, even as interest rates settle
Applications for a mortgage to purchase a home dropped 0.4% from one week earlier and were 7% lower than the same week one year ago. Mortgage rates didn't move last week, but demand for new home loans continued to weaken.
Mortgage Rates Today: January 28, 2025 – Rates Remain Fairly Steady
The current average mortgage rate on a 30-year fixed mortgage is 6.96% with an APR of 6.99%, according to the Mortgage Research Center. The 15-year fixed mortgage has an average rate of 5.97% with an APR of 6.
Mortgage rates saw their first drop in six weeks — and this is the No. 1 mortgage provider in January 2025
We analyzed mortgage reviews on 10 major financial sites to find out which providers landed on the most “best mortgage” lists
Mortgage rates dip, still hovering at 7%
Mortgage rates pulled back slightly this week, with the 30-year fixed rate averaging 7.03 percent, down from 7.06 percent the previous week, according to Bankrate’s latest lender survey. The Federal Reserve held off cutting rates on Wednesday and could keep to that stance until the inflation picture becomes clearer.
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Mortgage Rates Barely Budge After Fed Announcement
Heading into today's Fed announcement, we didn't expect to receive any significant surprise on the stance of monetary policy.
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 ...
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Mortgage rates decline slightly, but help from the Fed isn’t coming
Federal Reserve officials are almost certain to leave benchmark rates unchanged on Wednesday, which would end a run of three ...
Today's Mortgage Rates | Rates Are Down For Now
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear ...
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 ...
Fed meeting live updates: Rate cuts paused as inflation, Trump's plans create uncertainty
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a ...
Chinese AI DeepSeek’s rout of tech stocks may benefit mortgage rates
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
30-Year Mortgage Rates Fall to Cheapest Level Since Before Christmas
Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.