The chances of a mortgage interest rate drop this December are rising. Here's everything to consider right now.

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed rate mortgage dropped to 6.27% as of Oct. 16 from a high ...

Explore current mortgage rates and what they mean for homebuyers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By Written by Staff Deputy Personal Finance Editor, Buy Side ...

Mortgage rates have fallen to almost their lowest level in over a year, but there’s no guarantee that they’ll keep falling after the Fed’s expected rate cut next week. If you’re financially ready, locking in now can help you secure today’s savings without trying to time the market.