Homebuyers and homeowners eyeing a refinance have reason to monitor closely: mortgage rates are shifting again. As of Monday, June 9, 2025, the national average 30-year fixed mortgage rate dropped to 6.99%, according to Zillow. That’s down from 7.03% just a day earlier. While it matches the average from a week ago, it’s still a
As we close out the first week of June 2025, the U.S. housing market continues to send mixed signals. Mortgage rates moved modestly but ended the week slightly lower, while buyer demand remained tepid. Inventory is rising nationwide, reshaping negotiations and hinting at a potentially cooler summer. Mortgage rate snapshot: Where we stand now Mortgage
The national average 30-year fixed mortgage rate edged up to 6.94% on Friday, June 6, 2025, according to Zillow. This marks a 1 basis point increase from the previous day, though rates have eased slightly over the past week. Homebuyers and refinancers alike continue to monitor shifting mortgage rates, which remain elevated amid persistent inflation
Mortgage rates across the U.S. ticked down again today, with the average 30-year fixed rate falling to 6.87% as of June 5, according to Zillow. This marks a 0.14 percentage point drop from the previous week and signals continued volatility as buyers and refinancers watch for more favorable lending conditions. National mortgage rate averages as
The 30-year conforming rate has been relatively volatile since the start of the year, but its low point for 2025 came on April 11 when it reached 6.69%. That’s a higher number than many consumers and mortgage professionals would like, although home sales and mortgage demand are up from one year ago. Fed’s Waller on
The average 30-year fixed mortgage rate fell to 6.96% on Monday, according to Zillow. This marks a 5-basis-point decline from last week’s average of 7.01%. Current mortgage rates for June 2, 2025 Conforming loans 30-Year Fixed: 6.96% (↓ 0.05%), APR 7.37% 20-Year Fixed: 6.79% (↓ 0.18%), APR 7.03% 15-Year Fixed: 6.01% (↓ 0.05%), APR 6.28%
Mortgage rates are showing signs of modest relief for homebuyers heading into summer 2025. According to the latest Zillow data, the national average for a 30-year fixed mortgage fell to 6.97% as of Friday, May 30, 2025. That’s down from 6.99% a day earlier, and 7.08% one week ago. This decline could translate to meaningful
Average mortgage rates ticked up again Wednesday, adding pressure to an already strained housing market. According to Zillow, the national average for a 30-year fixed-rate mortgage climbed to 7.05%, up from 7.03% the day before. That’s still slightly down from 7.08% last week.The 15-year fixed rate held steady at 6.09%, while the 5-year ARM sits
Listen to this article At a glance: Existing home sales fell 0.5 percent in April, lowest since 2009 Median U.S. home price rose to $414,000, a record for April Mortgage rates hovered around 6.86 percent, discouraging buyers Unsold inventory up 20.8 percent year-over-year, aiding first-time buyers Sales of previously occupied U.S. homes fell in April,
Piggybacking on previous comments from President Donald Trump, Federal Housing Finance Agency (FHFA) Director Bill Pulte said on social media that “Jay Powell needs to lower interest rates — enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing market would be in much better