Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.84%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

A couple of key mortgage rates declined. Lower mortgage rates could bring positive news to the housing market in 2025.

Despite a slight rise, 30-year mortgage rates are still hovering near their lowest point since early May. Several other loan types also saw just minor movement.