Mortgage Rates at 2025 Low Give Homebuyers Momentum in New Year

Mortgage rates have reached their lowest point for the year, potentially injecting fresh momentum into a US homebuying market that spent much of 2025 in the doldrums.

The average for 30-year, fixed loans dropped to 6.15% this week, data from Freddie Mac showed Wednesday. That’s down from around 7% in January and “an encouraging sign for potential homebuyers heading into the new year,” said Sam Khater, Freddie Mac’s chief economist.