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Mortgage Rates πŸ“’ March 24th, 2025

INTEREST RATES

10 year 3-Month Snapshot

Product

Rate / APR

Weekly Change

⬆️ Conv.

6.625% / 6.653%

+.125%

↔️ Conv. HB

6.875% / 6.939%

-.000%

⬆️ JUMBO

6.750% / 6.772%

+.125%

↔️ FHA 3.5% DP

5.999% / 6.971%

-.000%

⬆️ VA 0% DP

6.125% / 6.352%

+.125%

Rate dataΒ as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance.Β No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

Rates are up because investors are selling bonds, pushing yields higher.

Why? Money is shifting into riskier assets (stocks/crypto) as inflation concerns rise.
What’s next? Friday’s PCE inflation report is keyβ€”if it’s hotter than expected, rates could climb further. If it cools, we might see some relief.

Bottom line: Volatility continues. Watch Friday’s inflation data for the next move! πŸ“Š

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