3 days ago · Mortgage Rates Today, Jan. 29, 2025: It's Fed Day and There May Be Fireworks. Written by Peter Warden in Rates. Published January 29, 2025. 3 MIN. The average 30-year fixed rate mortgage is 6.88% today, a decrease of 0.03% since yesterday. The 15-year fixed mortgage rate stands at 5.92%, down by 0.06%.

1 day ago · View data of the average interest rate, calculated weekly, of fixed-rate mortgages with a 30-year repayment term.

2 days ago · This week's Fed rate pause could have an impact on mortgage rates — but will it help drive down the costs? Getty Images/iStockphoto The Federal Reserve's first meeting of 2025 concluded this ...

3 days ago · On Friday, January 31, 2025, the current average interest rate for the benchmark 30-year fixed mortgage is 6.96%, decreasing 5 basis points compared to this time last week. For homeowners looking...

Dec 18, 2024 · Mortgage rates have risen since the Federal Reserve began cutting interest rates in September 2024. Here's why mortgage rates don't always follow the federal funds rate.

3 days ago · The Federal Reserve doesn’t determine fixed mortgage rates. But its policy decisions weave into the broader economic picture that informs and influences your borrowing costs.

Nov 7, 2024 · Interest rates on home loans could fall again now that the Fed has issued another rate cut. Getty Images. For the second time in three months, the Federal Reserve issued a cut to its federal funds...

Category: Interest Rates > Mortgage Rates, 32 economic data series, FRED: Download, graph, and track economic data.

Sep 18, 2024 · After sustaining a 23-year high for over a year, the Federal Reserve has elected to slash the federal funds target rate by half a point, dropping from a range of 5.25%-5.50% to 4.75%-5%.

2 days ago · The average rate on a 30-year fixed-rate mortgage was 6.96 percent as of Thursday, down from 7.04 percent the previous week but up from 6.6 percent a year ago. Other home loans are more closely ...