Mortgage Rates 📢 October 20th, 2025

INTEREST RATES

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

💡 Why This Matters

Mortgage rates are holding steady this week, hovering near their lowest levels since early summer. The 10-year Treasury slipped back under 4%, signaling that investors are flocking to bonds amid optimism the government shutdown could wrap up soon. That’s giving mortgage-backed securities a small lift — and helping keep rates in check.

🏦 What’s fueling this stability:

• Shutdown pressure = lower yields. When the government stalls, spending slows — and that cools inflation fears, which supports lower bond yields and mortgage rates.

• Fed outlook. Markets are expecting two more rate cuts this year and one next year, but some economists disagree. If the Fed holds steady longer, we could see rates bounce back up temporarily.

• CPI on deck. Friday’s inflation report could be the next market mover. If inflation comes in softer than expected, it could open the door for rates to dip below 6% — maybe even toward 5.75%.

📉 Realtor Insight: Steady or falling rates are keeping buyers active even as headlines focus on the shutdown. If CPI cooperates later this week, this lull could turn into another mini-rally for fall home sales.