Mortgage Rates Hold Steady

This is a news story, published by Yahoo Finance, that relates primarily to Federal Reserve news.

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future mortgage rates

Yahoo Finance

•

Business

Business & Economics

Mortgage and refinance rates today, March 4, 2025: Rates hold steady

Summary

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85% Informative

Some mortgage rates have decreased today while others have increased.

The average 30-year fixed interest rate is down one basis point to 6.26% .

The 15-year mortgage rate is up one point to 5.58% .

A mortgage calculator can help you see how various mortgage term lengths and interest rates will affect your monthly payments.

In 2024 , mortgage rates trended downward from early August to the Sept. 18 Federal Reserve meeting, when the central bank announced a 50 -basis-point slash to the federal funds rate.

The trajectory of future mortgage rates will largely depend on the Federal Reserve’s decision on whether or not to cut the rate at its 2025 meetings.

Mortgage rates will probably gradually drop throughout 2025 , but they're unlikely to plummet anytime soon.

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Neutral language

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informal

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English

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not offensive