Mortgage Rates Decline Again, Nearing a 2025 Low
The average rate on 30-year mortgages slipped to 6.27% from 6.3% last week, while 15-year rates dropped to 5.52% from 5.53%.
Average long-term mortgage rate declined to 6.27% from 6.3% last week, according to Freddie Mac.
- 30-year mortgage rate: 6.27% (down from 6.3% last week)
- 15-year mortgage rate: 5.52% (down from 5.53% last week)
- A year ago, the 30-year rate averaged 6.44%
The latest dip brings the average rate to just above 6.26%, where it was four weeks ago.
Mortgage buyer Freddie Mac said Thursday the average long-term mortgage rate slipped to 6.27% from 6.3% last week.
Author summary: Mortgage rates decline to 6.27% for 30-year loans.