nygazet.com logo

Mortgage rates are falling fast. Is it a good time to buy a home?

Mortgage rates are falling fast. Is it a good time to buy a home?
business9/13/2025

The average interest rate on a 30-year fixed mortgage stands at 6.35%.

Mortgage rates have fallen rapidly in recent months, offering homebuyers an opportunity for some borrowing relief if they move ahead with the big-ticket purchase. The average interest rate on a 30-year fixed mortgage stands at 6.35%, dropping from 6.... [3807 chars]