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Why are mortgage rates at their lowest level since 2024?

Summary by WBAL
A for sale sign is seen in front of a house in a Spring Branch neighborhood in Houston, Monday, Oct. 27, 2025. Kirk Sides/Houston Chronicle via Getty Images (NEW YORK) — Mortgage rates this week fell to their lowest level in 15 months, easing borrowing costs for homebuyers eager for a thaw in the housing market in 2026. The average interest rate on a 30-year fixed mortgage stands at 6.15%, plummeting from a level of 6.89% in May, data from finan…

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Why are mortgage rates at their lowest level since 2024?

The average interest rate on a 30-year fixed mortgage stands at 6.12%.

·United States
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Connect FM | Local News Radio | Dubois, PA broke the news in on Friday, January 2, 2026.
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