Mortgage rates hit lowest level in more than 3 years

Mortgage rates hit lowest level in more than 3 years

The average 30-year fixed mortgage rate fell to 6.06% this week — down from 7.04% a year ago.

Average 30-year mortgage hits the lowest point in more than 3 years

The average long-term U.S. mortgage rate is now down to its lowest level in more than three years.

Mortgage Rates Fall, Purchase Applications and Refinances Jump

Mortgage rates have fallen to their lowest level in more than three years, Freddie Mac announced Thursday, releasing results of its latest weekly Primary Mortgage Market Survey (PMMS®). In its announcement, Freddie Mac reports: The 30-year fixed-rate mortgage (FRM) averaged 6.06%, down from 6.16% last week and 7.04% a year ago. At 6.16%, the 30-year FRM is the lowest in more than three years. The 15-year FRM averaged 5.38%, down from 5.46% the…

Business Analyst: Mortgage rates hit new low—what to know

Mortgage rates just hit their lowest point in over three years—and the drop didn't happen by accident.

Mortgage rates fall to 3-year low, offering relief for homebuyers

The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.

Long-term mortgage rate drops to lowest point in more than 3 years

The benchmark 30-year fixed mortgage rate eased to 6.06% this week, down from 6.16% last week.