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US mortgage rates drop while pending home sales fall in January
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US mortgage rates fall to their lowest levels seen in 2025, according to Feddie Mac data, as the 30-year fixed rate mortgage drops to 6.76% and the 15-year mortgage rates fall below 6.0%.
Yahoo Finance senior housing reporter Claire Boston comes on Wealth to break down this week's mortgage data, while also pointing to the 4.6% month-over-month drop in US pending home sales.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Luke Carberry Mogan.
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