Mortgage Rates Hit Another 2025 Low

It continues to be the case that day-to-day changes in average mortgage rates are very small. Today was no exception in that regard. Nonetheless, today represents a technical "record low" for 2025 with average rates edging just slightly lower than those seen on August 22nd and 26th. Our index (which tracks top tier, conventional 30yr fixed rates for ideal scenarios) is now 6.51%, the lowest it's been since October 3rd 2024 when it was 6.26%. Virtually all of the recent improvement in rates followed the August 1st jobs report. Everything since August 4th has transpired in a relatively narrow range. There was no new development that accounted for today's improvement--just a random drift that happened to work out in our favor.
Categories
Recent Posts

Mortgage Rates Lowest Since Fed Day

Mortgage Rates Move Slightly Higher

82% of Americans Use AI for Housing Market Information, Realtor.com® Survey Finds

Search It, How You Say It: Realtor.com® Launches New AI-Powered Search

Mortgage Rates Remain Steady

Mortgage Rates Hold Steady in Tight Range

Cash Still King: One in Three Homes Bought with Cash in 2025

Mortgage Rates Start The Week Near Recent Highs

Mortgage Rates Lowest Since Fed Day

Mortgage Rates Technically Lower, But Effectively Flat

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "