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Today's Mortgage Rates | When Will Rates Start to Drop?

By Sports Wire on January 6, 2025

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews.

  • Mortgage rates for January 6, 2025, remain around 6.70%.
  • Rates are expected to ease as inflation slows and the Fed lowers its benchmark rate.
  • Depending on how inflation trends, we could see mortgage rates start to go down this spring.

Mortgage rates are holding steady in the high 6% range, and they're likely to remain near their current levels until we get more data showing how inflation is trending.

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