Celebrating American Resilience: A Look at Recent Mortgage Rate Trends

Celebrating American Resilience: A Look at Recent Mortgage Rate Trends

As we embrace the spirit of unity and progress this Inauguration Day, it's an opportune moment to reflect on the resilience of the American housing market. Recent movements in mortgage rates highlight the dynamic nature of our economy and the opportunities it presents for homeowners and prospective buyers alike.

Current Mortgage Rate Landscape:

  • The average 30-year fixed mortgage rate has experienced fluctuations, reaching 7.04% as of January 16, 2025.

  • Similarly, 15-year fixed mortgage rates have seen adjustments, standing at 6.27% on the same date.

What This Means for You:

In the face of these changes, it's essential to stay informed and consider how current rates align with your homeownership goals. Whether you're looking to purchase a new home or refinance an existing mortgage, understanding the trends can help you make empowered decisions.

Tips for Navigating the Market:

  • Stay Informed: Keep an eye on reputable sources for the latest updates on mortgage rates and housing market conditions.

  • Consult Professionals: Engage with mortgage advisors to explore options tailored to your financial situation and objectives.

  • Evaluate Your Goals: Assess whether current rates support your plans, be it buying a new home, refinancing, or investing in property.

As we commemorate this day of national significance, let's also recognize the strength and adaptability that define the American spirit. The housing market, much like our nation, continues to evolve, offering new possibilities for those ready to seize them.

#InaugurationDay #MortgageRates #Homeownership #AmericanDream 


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.

Loan Programs
97% Financing Available

  • Conventional Loans
  • Jumbo Loans
  • FHA Loans
  • Fixed Rate Loans
  • Interest Only Loans
  • Cash-Out Refinance
  • Consolidation Loans
  • Adjustable Rate Loans (ARM)
  • Reverse Mortgage Loans
  • VA Loans

Deborah McNaughton

Your Mortgage Advisor for Life

President of Legacy Financial Services
Author - Radio Host - Columnist
Nationally recognized "mortgage and financial" expert
Seen on CNN, Bloomberg, Good Day NY and others

Host of the Money Manager show on KKLA 99.5FM

Ask the Mortgage Experts

Do you have a mortgage question? We have the answers! Submit your questions and receive a response from one of our experts.

Click here to ask us a question..

FREE NEWSLETTER

Sign up for our FREE Newsletter today!

Name: *
Email: *