US Mortgage Rates Fall for a Third Week, Hitting a 2025 Low

Mortgage rates in the US dropped for a third straight week, ending 2025 at their lowest point for the year.

The average for 30-year, fixed loans was 6.15%, down from 6.18% last week, Freddie Mac said in a statement Wednesday.

Rates have inched lower over the past few months, luring some house hunters into the market. A measure of contracts to buy resale homes climbed in November to the highest level since early 2023, the National Association of Realtors reported this week. It was the fourth straight monthly increase.

Many economists expect that trend to continue into the new ...