Homebuyers scrambling to make sense of falling mortgage rates face a costly gamble as 2025 draws to a close: lock in now or roll the dice on January, hoping for something better.
The stakes are significant. The average 30-year fixed mortgage rate in the US is currently at 6.13%, according to the latest Zillow data reported by Yahoo Finance. For a typical $300,000 (£224,595) home purchase, that amounts to roughly $1,824 (£1,365) in monthly payments over a 30-year term.
