Mortgage Rates Hit 2025 Low at 6.58%
Mortgage rates fell to their lowest level since October, with Freddie Mac’s latest survey showing an average rate on the benchmark 30-year fixed mortgage at 6.58%. This marks a decrease from last week’s reading of 6.63%. According to Sam Khater, Freddie Mac’s chief economist, the decline in mortgage rates is boosting purchase application activity as … Read more