- Housing News
- June 12, 2025
Mortgage Rates Tick Down for Second Week in a Row
Mortgage interest rates fell slightly this week.
Mortgage interest rates fell slightly this week.
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Mortgage rates in the mid- to high-6% range may be the “new normal” in the housing market—at least for now. That may be a good thing.
There are more homes for sale, slowing home price growth, and an increasing number of sellers are trimming their initial asking prices.
The U.S. Federal Reserve announced it would leave its interest rates unchanged. Does this mean mortgage rates will rise, fall, or stay about where they are now?
Mortgage interest rates fell, then they rose, and now they appear to be stabilizing and slowly dropping.