The average rate on a 30-year mortgage eased to 6.85% this week, Freddie Mac says, the 5th consecutive decline.
Mortgage rates fell for a fifth week in a row but remain elevated near 7%, Freddie Mac said on Thursday. The average rate on a 30-year fixed mortgage is 6.85%.
The average 30-year fixed-rate mortgage of 6.85% is just five basis points lower than the same time last year, following wider swings in the past 12 months.
The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, ...
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Current Mortgage Rates: February 20, 2025According to Freddie Mac’s benchmark survey, the rate on a 30-year fixed-rate mortgage averaged 6.85% for the week ending ...
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The post Mortgage Rates Slide to 6.87%, Foreshadowing Stronger Housing Demand—Despite Worryingly High Inflation Report ...
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