7 ways to get a lower mortgage rate in 2025 - CBS News

Jan 6, 2025 · For example, choosing 15-year loan terms could significantly lower your interest rate. According to data from Freddie Mac, the average rate for a 15-year mortgage is 6.13% as of Jan. 2, 2025. In ...

13%
OFF

7 Ways To Get A Lower Mortgage Rate In 2025 - CBS News

1 week from now

cbsnews.com

6%
OFF

Weekly Mortgage Rates Ebb, But Rates Unlikely To Plunge In 2025

1 week from now

Jan 10, 2025 · Rates on 30-year, fixed rate loans ended 2024 nearly a full percentage point higher than their low for the year, when rates dropped close to 6% just before the Federal Reserve's …

cbs19news.com

84%
OFF

Mortgage Rate Forecast For 2025 - Experian

1 week from now

Dec 15, 2024 · According to Realtor.com, a staggering 84% of outstanding mortgages have an interest rate lower than 6%, which is about where rates are expected to land by the end of …

experian.com

1%
OFF

Cut Your Mortgage Rate By 1% Today: Simple Strategies To Save

1 week from now

Jan 3, 2025 · For instance, let's say you buy a home for $400,000 and make a down payment of 20% on a 30-year fixed-rate mortgage. The difference between a 7% rate and a 6% rate …

cnet.com

7%
OFF

Mortgage Rates Hit 7%, Posing Another Challenge For Homebuyers

1 week from now

1 day ago · In fact, these mortgage rates were frequently at 6% or 7% or even higher at times in the 1990s and early 2000s and were in the double digits during the 1970s and 1980s.

npr.org

6%
OFF

Will Mortgage Rates Fall Below 6% In 2025? Here's What Experts Say.

1 week from now

Dec 7, 2024 · Realtor.com: Average mortgage rates of 6.3% in 2025 . Real-estate platform Realtor.com expects the 30-year mortgage rate to average 6.3% in 2025, and fall to 6.2% by …

morningstar.com

7%
OFF

Where Are Interest Rates On Mortgages, CDs And Credit Cards

1 week from now

Jan 3, 2025 · The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025. Here's what to expect in 2025.

cbsnews.com

1%
OFF

2025 Mortgage Rate Forecast: Here's Why You Shouldn't Bet On …

1 week from now

Jan 10, 2025 · Even if average mortgage rates were to fall by 1% in 2025, it won't make homebuying affordable for most Americans, particularly low- and middle-income households. …

cnet.com

7%
OFF

Why Waiting Until 2025 Could Save You Thousands On A New Home

1 week from now

Oct 28, 2024 · Fannie Mae recently predicted that the average 30-year mortgage rate will fall to 5.7% by the fourth quarter of next year, and the Mortgage Bankers Association has a similar …

fool.com

5%
OFF

America’s Home Affordability Crisis Has A Solution. Lower Rates Isn’t ...

1 week from now

Sep 23, 2024 · Charles Dougherty, a senior economist at Wells Fargo, estimated that the average 30-year fixed mortgage rate will fall to 5.5% by the end of 2025. That’s still above the 3% …

cnn.com

27%
OFF

Will Mortgage Rates And Home Prices Finally Fall This

1 week from now

20 hours ago · In December 2024, 27% of U.S. adults said they think home prices will fall in 2025, and 42% said mortgage rates will, too, according to a recent survey.; While interest rates have …

investopedia.com

6%
OFF

How Trump's Economic Agenda Could Affect Mortgage Rates In …

1 week from now

Nov 27, 2024 · Yet based on Trump's stated economic plans, Yun said he thinks the average 30-year fixed mortgage rate will bounce around between 6% and 7% for the next year, and could …

cbsnews.com

6%
OFF

Fed Cuts Were Supposed To Lower Mortgage Rates, But They're Back …

1 week from now

20 hours ago · In fact, these mortgage rates were frequently at 6% or 7% or even higher at times in the 1990s and early 2000s and were in the double digits during the 1970s and 1980s.

opb.org

7%
OFF

Fed Cuts Were Supposed To Lower Mortgage Rates, But They're Back …

1 week from now

19 hours ago · Mortgage rates hit 7% for the first time since May 2024 on Thursday, providing another drag in an already tough housing market. The climbing mortgage rates come even …

ideastream.org

FAQs about 7 ways to get a lower mortgage rate in 2025 - CBS News Coupon?

Will mortgage rates go down in 2025?

Mortgage interest rates are expected to go down in 2025, but not by much. While forecasts can vary, they generally fall around 6% by the end of 2025. What Will Mortgage Rates Be Like in 2025? Are Mortgage Rates Already Decreasing? Will Mortgage Rates Ever Go Down to 3% Again? Should You Wait for Lower Rates to Buy a House? ...

Will a higher mortgage rate be a reprieve in 2025?

On Thursday, mortgage rates climbed above 7 percent for the first time since May and they're expected to stay above 6 percent throughout 2025. With rates higher than they were in the pandemic, the option to assume a lower-rate mortgage can be a reprieve for potential buyers. ...

What is the average 30-year fixed mortgage rate in 2025?

That jibes with a forecast from Lawrence Yun, the chief economist of the National Association of Realtors, who told CBS MoneyWatch in November that the average 30-year fixed mortgage rate is likely to hover around 6.5% for much of 2025, although rates might bounce around between 6% and 7% over the course of the year. ...

What are the mortgage rate predictions for 2025?

Here are the mortgage rate predictions over the next two years: The December Housing Forecast from Fannie Mae puts the average 30-year fixed rate at 6.6% in the beginning of 2025, declining to 6.1% in the first quarter of 2026. ...

How has the mortgage rate changed since November 2023?

So far the decline in mortgage costs from November 2023’s peak levels has been bumpy. Despite an overall reduction in borrowing costs over the past two years, the 30-year mortgage rate recently moved up from a little above 6% in September 2024 to closer to 7% in January 2025. ...

What will housing prices be like in 2025?

The 2025 Housing Forecast from Realtor.com calls for another year of strained housing affordability and high mortgage interest rates. The real estate listings website predicts rates will average 6.3% in 2025, falling every-so-slightly to 6.2% by year-end. ...