Mortgage rates fall to lowest level of 2025 in US, offer relief to buyers: What it means for your dream home
The Economic Times·2025-10-24 01:54
Mortgage rates fall: What buyers must considerNow averaging 6.19% on a 30-year mortgage, rates have dropped for the second straight week. They’re hovering just six basis points above the three-year low reached in September, right before the Mortgage Rates gradually easing but don't wait too longMortgage interest rates are slowly but steadily trending downward again. Whether you look at the broader picture — with rates starting the year around 7% — or focus on the recent month’s declines, the drop is undeni ...