Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway.
Mortgage rates drop for the 4th straight week. What it means for you.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loan to a lower rate, rose this week.
Current 15-Year Mortgage Rates
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is currently around 6.00%. That’s nearly a full percentage point lower than the average 30-year fixed mortgage rate, which is sitting in the upper 6.00% range.
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts.
Mortgage Rates Bobbing in a Narrow Range Near 8-Week Low
Since rates vary widely across lenders, it's always smart to shop around for your best mortgage rate and compare rates regularly, no matter the type of home loan you seek. Rates on 30-year new purchase mortgages inched up 4 basis points Tuesday,
30-year mortgage rate hits 2025 low at 6.87%
MCLEAN, Va. - Freddie Mac (OTC:FMCC), a prominent financial services player with a market capitalization of $20.62 billion and strong revenue growth of 12.28% over the last twelve months, reported on Monday that the 30-year fixed-rate mortgage (FRM) has dropped to 6.
30-year mortgage rates creep lower again, to 6.87%
The bond yields that underpin mortgage rates have whipped around amid tariff threats and new inflation data. The average rate on a 30-year loan dipped this week but remains near 7%.
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