Coverage dated September 2, 2025 to September 3, 2025

Average mortgage rate drops to lowest level since last October

Headline from The Oregonian

Newest development Sep 4, 2025 · 3 reportsAverage mortgage rate drops to lowest level since last October

Rates have been mostly declining since late July.

The Oregonian's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Today’s Mortgage Rates September 3, 2025: 30-Year Rates Lower to 6.56%

    Headline from Newsweek ·

  2. Newest

    Average mortgage rate drops to lowest level since last October

    Headline from The Oregonian ·

Reports & sources

7 articles, oldest first.

  1. Fortune

    Current mortgage rates report for Sept. 3, 2025: Rates continue to drop (opens Fortune)

    Published

    Fortune's feed description

    Compare average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

  2. CBS News

    How low will mortgage rates fall with a September Fed rate cut? Here's what to know. (opens CBS News)

    Published

    CBS News's feed description

    A September Fed rate cut appears to be approaching. Here's how far mortgage rates could fall in response.

  3. CBS News

    Why mortgage rates may fall before the September Fed rate cut is issued (opens CBS News)

    Published

    CBS News's feed description

    Interest rates are widely expected to be cut later this month. Here's why mortgage rates may fall before then.

  4. Newsweek

    Today’s Mortgage Rates September 3, 2025: 30-Year Rates Lower to 6.56% (opens Newsweek)

    Published

    Newsweek's feed description

    Stay up to date on the current mortgage rates with Newsweek Vault. Our goal is to help you understand the why behind current mortgage rate fluctuations.

  5. The Oregonian

    Average mortgage rate drops to lowest level since last October (opens The Oregonian)

    Published

    The Oregonian's feed description

    Rates have been mostly declining since late July.

  6. FOX Business

    Mortgage rates tumble to lowest level since October 2024 (opens FOX Business)

    Published

    FOX Business's feed description

    Mortgage rates fell this week, according to data from Freddie Mac released on Thursday. The average rate on the 30-year fixed mortgage is 6.5%, down from 6.56% last week.

  7. WTOP Washington DC

    Average rate on a 30-year mortgage drops to 6.5%, the lowest since last October (opens WTOP Washington DC)

    Published

    WTOP Washington DC's feed description

    The average rate on a 30-year U.S. mortgage fell again this week, extending a recent trend that should give prospective homebuyers more purchasing power.

Average mortgage rate drops to lowest level since last October | Since Then