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It’s March 5, 2025, and the question on everyone’s mind is, “Did interest rates drop today?”. Well, the question finally finds an answer, yes, and decisively so. Mortgage rates today has dropped, with 30 year mortgage rates today hitting 6.20%. Furthermore, today’s mortgage refinance rates have also slipped to 6.70%, down from last week’s 6.91%. This mortgage rates dropping isn’t just a cold headline on your desktop, it’s a tangible shift for employees weighing a lot of life-changing options. For HR leaders, interest rates dropping presents a unique opportunity that could light
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n the load on employee wallets. The numbers don’t