fixed rate mortgage

Just above the 2025 low

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Just above the 2025 low

Mortgage rates have generally declined since late May, bottomed out in late October, and have remained within 10 basis points since then. According to Freddie Mac, the average 30-year fixed mortgage rate is 6.22%. This is five basis points higher than the 2025 minimum of 6.17%. The 15-year fixed rate is 5.54%. “The average 30-year … Read more

Half a point less than a year ago

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Half a point less than a year ago

Mortgage rates are half a point lower than a year ago. According to Freddie Mac, the national 30-year fixed mortgage average this week is 6.19%. A year ago, it averaged 6.69% The 15-year fixed rate is 5.44%. At this time last year, it averaged 5.96%. “Mortgage rates fell for the second week in a row … Read more