Mortgage Interest Rates in October 2025: Are More Hikes Ahead?
As of October 7, 2025, the average U.S. 30-year fixed mortgage rate is 6.26%. This is a small rise from last week’s 6.3%. Even after the Federal Reserve cut rates in September 2025, mortgage rates went up. Rising Treasury yields and investor behavior are pushing rates higher. The Federal Reserve is cautious about cutting rates…