Posts from September 10th, 2025
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September
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Mortgage Rates Just Saw Their Biggest Drop in a Year
Mortgage Rates Just Saw Their Biggest Drop in a Year
You've been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.
On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year.
What Sparked the Drop?
According to Mortgage News Daily, this was a reaction to the August jobs report, which came out w...
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