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US mortgage rates edge down to 6.51%, MBA says

Summary by Bangor Daily News

The interest rate on the most popular U.S. home loan ticked down last week for the first time since the start of the Iran war, but not enough to rejuvenate a housing market that’s pricing out many buyers with a combination of elevated borrowing costs and expensive homes. The Mortgage Bankers Association said Wednesday the contract rate on a 30-year, fixed-rate mortgage fell 6 basis points to 6.51% for the week ended April 3, retreating from the …

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Bangor Daily News

US mortgage rates edge down to 6.51%, MBA says

13 days ago·United Kingdom

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US mortgage rates edge down to 6.51%: Mortgage Bankers Association

Buyers remain priced out of the housing market amid elevated borrowing costs and expensive homes

13 days ago

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50% Left, 50% Center

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Business Times broke the news 13 days ago on Wednesday, April 8, 2026.

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