- Housing News
- August 21, 2025
Nearly 5 Million Homeowners Could Save Money If Mortgage Rates Fall to This Number
Almost 5 million homeowners are just a fraction of a percentage point away from potentially being able to save money on their mortgage.
Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.
Almost 5 million homeowners are just a fraction of a percentage point away from potentially being able to save money on their mortgage.
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The odds of interest rates falling later this year just improved. This could be good news for homebuyers and homeowners who would like to refinance their mortgages.
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