A couple of key mortgage rates declined. Lower mortgage rates could bring positive news to the housing market in 2025.

Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.84%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

Mortgage rates have fallen slightly, with the 30-year fixed rate dropping to 6.85%, offering a modest reprieve to homebuyers facing affordability challenges in an uncertain economi