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Home Loan Rates Improve for Borrowers: Mortgage Rates for Jan. 7, 2025

Home Loan Rates Improve for Borrowers: Mortgage Rates for Jan. 7, 2025
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Some major mortgage rates are falling. Here’s where experts say rates might be headed in 2025.

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Headshot of Katherine WattHeadshot of Laura Michelle Davis

Written by 

Katherine Watt

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor’s degree in English literature.

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Edited by 

Laura Michelle Davis

Laura Michelle Davis

Editor

Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.

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Our Experts

Headshot of Katherine WattHeadshot of Laura Michelle Davis

Written by 

Katherine Watt

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor’s degree in English literature.

See full bio

Edited by 

Laura Michelle Davis

Laura Michelle Davis

Editor

Laura is a professional nitpicker and good-humored troubleshooter with over 10 years of experience in print and digital publishing. Before becoming an editor with CNET, she worked as an English teacher, Spanish medical interpreter, copy editor and proofreader. She is a fearless but flexible defender of both grammar and weightlifting, and firmly believes that technology should serve the people. Her first computer was a Macintosh Plus.

See full bio

A two-story residential brick house with a green lawn

Jim Lane/Getty

Katherine Watt

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor’s degree in English literature.

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