Reported about 12 hours ago
Mortgage rates have fallen to their lowest levels in 2025, with the average 30-year fixed-rate mortgage at 6.56%. This decline comes despite President Trump's ongoing conflicts with the Federal Reserve, including his recent attempt to fire a governor over unproven allegations. While mortgage applications for home purchases increased slightly, refinancing applications dropped, reflecting a mixed response to lower rates as affordability remains a concern for buyers.
Source: YAHOO