When will mortgage rates go down? Rates bounce back up after the Fed meeting.

Mortgage rates have increased this week, after either decreasing or holding steady for nine straight weeks. Last week, the Federal Reserve lowered its rate for the first time in 2025, and while people may have expected that cut to push rates farther down, the opposite has happened. So, where are home loan rates headed, and is it still a good time to buy a house? In this article: Are mortgage rates dropping? As of Sept. 25, Freddie Mac reported that rates for 30-year fixed-rate mortgages were 6.30%. This ...