Mortgage rates have decreased for the second straight week, according to Freddie Mac. The declines are relatively small, but every little bit helps for those wanting to buy a home before the end of 2025. So, will rates continue to go down this year? Are mortgage rates dropping? Yes, rates are down both weekly and annually. As of Dec. 4, Freddie Mac reported that the average 30-year fixed-rate mortgage rate had decreased by four basis points to 6.19%. The 30-year rate is now 50 basis points lower than ...

Core Insights - Mortgage rates have increased for the second consecutive week after a period of stability, contrary to expectations following the Federal Reserve's rate cut in September 2025 [1][2][4] - The current average rates for 30-year fixed mortgages are at 6.34%, which is 22 basis points higher than the same time last year [2][9] - The housing market remains competitive, with demand outpacing supply, particularly for first-time homebuyers, leading to sustained high home prices [10][11] Mortgage Rate Trends - As of October 2, 2025, the 30-year fixed mortgage rate is 6.34%, up from 6.12% in early October 2024, while the 15-year fixed mortgage rate is at 5.55%, reflecting a 30 basis point increase from last year [2][3] - The 10-year Treasury yield has risen to 4.16%, contributing to the increase in mortgage rates, which typically follow this yield more closely than the fed funds rate [8][9] Federal Reserve Influence - The Federal Reserve cut the federal funds rate by 25 basis points in September 2025, marking its first cut of the year, but this has not led to a decrease in mortgage rates as anticipated [4][5] - Historical patterns show that mortgage rates often do not continue to decline after a fed funds rate cut, as seen in previous years [6][7] Housing Market Dynamics - The median sale price of single-family homes has risen from $208,400 in Q1 2009 to $410,800 by Q2 2025, indicating a long-term upward trend in home prices [11] - Even with recession speculation, a true recession may not provide relief for buyers, as lower interest rates could increase demand for limited housing supply [12] Buyer Strategies - Prospective buyers are encouraged to consider various strategies, such as looking for fixer-uppers, exploring condominiums, or considering longer commutes to find affordable housing options [17][19][20] - Rate buydown options are suggested as a way to make current mortgage rates more manageable, allowing buyers to pay upfront for a reduced interest rate [21] Future Rate Predictions - The Mortgage Bankers Association predicts the 30-year fixed rate will reach 6.5% by the end of 2025, while Fannie Mae is more optimistic, forecasting a drop to 5.9% by the end of next year [21]

Mortgage rates have been fluctuating over the past month, but all the changes have been small. This week, interest rates have finally made a more noticeable dip. According to Freddie Mac, the 30-year fixed mortgage rate dropped by eight basis points this week to their lowest point in a year. Lower rates may leave you wondering: Is it a good time to buy a house? In this article: Are mortgage rates dropping? As of Oct. 23, Freddie Mac reported that the average 30-year fixed-rate mortgage rate had fallen b ...

After two consecutive weeks of increases, mortgage rates have finally decreased this week. The 30-year fixed rate is now two basis points lower than this time last year — but will they continue to trend downward? These small declines may leave you wondering: Is it a good time to buy a house? Learn how a government shutdown impacts mortgage rates. In this article: Are mortgage rates dropping? As of Oct. 9, Freddie Mac reported that the average 30-year fixed-rate mortgage rate had fallen by four basis poi ...

Core Insights - Mortgage rates are experiencing an increase after four weeks of decline, primarily influenced by rising 10-year Treasury yields [1][2] - Short-term mortgage rates are up, but annual rates have decreased compared to last year [2][4] Mortgage Rate Trends - As of November 6, 2025, the average 30-year fixed-rate mortgage is at 6.22%, which is 57 basis points lower than the same time last year [2][15] - The 15-year fixed mortgage rate has increased to 5.50%, yet it remains 50 basis points lower than last year [2][15] - The current spread between the 30-year mortgage rate and the 10-year Treasury yield is 2.12%, down from 2.48% a year ago, contributing to lower mortgage rates [12] Federal Reserve Influence - The Federal Reserve has lowered the federal funds rate twice in 2025, which typically influences mortgage rates indirectly [5][6] - Historical trends show that mortgage rates often decline in anticipation of a fed funds rate cut but may not continue to decrease post-cut [6][8] Housing Market Dynamics - The current housing market is characterized by high demand and limited supply, keeping home prices elevated [14][15] - The median sale price of single-family homes has risen from $208,400 in Q1 2009 to $410,800 by Q2 2025 [15] Buyer Strategies - Prospective buyers are encouraged to consider various strategies, such as purchasing smaller homes or condos, to enter the market [18][24] - Exploring options like fixer-uppers or longer commutes to affordable areas can also be beneficial [21][23] - Rate buydowns are suggested as a way to make current mortgage rates more manageable [26] Future Rate Predictions - The Mortgage Bankers Association forecasts the 30-year fixed rate to remain around 6.4% through 2026, while Fannie Mae predicts a decrease to 5.9% by the end of next year [27]

Group 1: Mortgage Rate Trends - Mortgage rates have decreased for four consecutive weeks, with the current average for 30-year fixed-rate mortgages at 6.26% as of September 18, 2025, compared to 6.09% a year ago [1][2] - The Federal Reserve cut the federal funds rate by 25 basis points during its September 2025 meeting, marking the first cut of the year after three cuts in 2024 [3][4] - Mortgage rates typically mirror trends in the federal funds rate, but they do not always continue to decrease after a rate cut [4][5] Group 2: Housing Market Dynamics - The current housing market is characterized by a supply-demand imbalance, with buyers outnumbering available homes, particularly for first-time buyers [8] - The median sale price of single-family homes has risen from $208,400 in Q1 2009 to $410,800 by Q2 2025, indicating a long-term upward trend [9] - Even with potential interest rate drops during a recession, increased demand could keep home prices high due to limited supply [10] Group 3: Buyer Strategies - Buyers are advised not to wait for significantly lower mortgage rates, as home prices and supply-demand factors also play crucial roles in affordability [11] - Exploring various housing options, such as condos or fixer-uppers, can help buyers find affordable homes in today's market [14][17] - Financial tools like rate buydowns can make current mortgage rates more manageable, allowing buyers to reduce their interest rates upfront [19]

The 30-year fixed mortgage rate has inched up for three straight weeks, according to Freddie Mac. So, when will mortgage rates go down again, and will they do so in time for you to buy a home before the end of 2025? Are mortgage rates dropping? Yes and no. Short-term mortgage rates aren’t moving much, but annual rates have dropped. As of Nov. 20, Freddie Mac reported that the average 30-year fixed-rate mortgage rate had risen by two basis points to 6.26%. However, the 30-year rate is now 58 basis point ...

Core Insights - Mortgage rates have increased after a period of stability, with the 30-year fixed-rate mortgage now at 6.30%, higher than the previous year’s rate of 6.08% [1][2] - The Federal Reserve's recent rate cut has not led to a decrease in mortgage rates, which is contrary to expectations [3][4] - The current housing market is characterized by high demand and limited supply, keeping home prices elevated [11][12] Mortgage Rate Trends - The 15-year fixed mortgage rate has risen to 6.49%, which is 33 basis points higher than the same time last year [2] - Mortgage rates typically follow trends in the 10-year Treasury yield, which is currently at 4.12%, up from 3.75% a year ago [9][10] - The spread between the 30-year fixed mortgage rate and the 10-year Treasury yield is currently 2.18% [10] Federal Reserve Influence - The Federal Reserve lowered the federal funds rate by 25 basis points in September 2025, marking its first cut of the year [4][5] - Historically, mortgage rates do not always decrease following a fed funds rate cut, as seen in previous years [6][7] Housing Market Dynamics - The median sale price of single-family homes has increased from $208,400 in Q1 2009 to $410,800 by Q2 2025 [12] - The imbalance between buyers and available homes is contributing to sustained high home prices [11] Future Outlook - Predictions for mortgage rates vary, with the Mortgage Bankers Association forecasting a 30-year fixed rate of 6.5% by the end of 2025, while Fannie Mae is more optimistic, predicting a drop to 5.9% [21]

Mortgage rates have remained largely unchanged since the Fed cut the federal funds rate last week. You may be waiting to buy a house or refinance your loan until mortgage rates go down. However, according to many experts' 2026 housing market predictions, rates are likely to decrease only slightly next year. However, that doesn’t necessarily mean it’s a bad time to buy or refinance. Are mortgage rates dropping? Yes and no. Weekly rates have barely moved, but annual rates have decreased. As of December ...

Core Insights - Greystone has provided $15.4 million in Fannie Mae DUS financing to refinance two multifamily properties totaling 253 units in Wisconsin and Illinois [1][2] - The financing includes non-recourse, fixed-rate loans with a seven-year term and a 30-year amortization schedule, featuring interest-only payments for the entire loan term [2] - The properties financed are Geneva Meadows Apartments (108 units) in Lake Geneva, Wisconsin, and Antioch Manor Apartments (145 units) in Antioch, Illinois, each receiving $7.7 million [4] Company Overview - Greystone is a national commercial real estate finance company recognized as a leader in multifamily and healthcare finance, ranking as a top lender for FHA, Fannie Mae, and Freddie Mac [3] - The company operates through various affiliates, including Greystone Servicing Company LLC and Greystone Funding Company LLC [3]