The Federal Reserve cut rates again, but mortgage rates actually rose. Learn why this happens, what Powell said, and what it means for homebuyers.
Mortgage rates steadied Tuesday as markets digested new housing data and awaited Case-Shiller’s latest home-price report. As of October 28, 2025, national averages show: 30-year fixed: 6.19% FHA: 6.11% VA: 5.73% USDA: 5.80% Jumbo: 6.39% With inflation cooling and Treasury yields dipping below 4.3%, borrowers are once again seeing sub-6% quotes for top-tier scenarios — a positive sign for late-year buyers and refinancers.
Today’s mortgage rate update for October 27, 2025. See where rates are headed, how the Fed and bond market are reacting, and what it means for your next home loan.
When Do Rates Get Back to the 4s?
The average 30-year fixed mortgage rate is hovering near 3-year lows as bond markets hold steady amid limited economic data. Learn why rates remain low and what could move them next.
The Rate Update — Markets Rally Explainer October 21, 2025
This Week in Rates: A Surprise Drop No One Can Explain
Why do we watch the 10-year Treasury when we’re trying to figure out what’s going on with mortgage rates?
Mortgage Refinance Breakdown:
