The 30-year fixed-rate mortgage remains the most popular home loan by a wide margin. Roughly 90% of homeowners with a ...

Freddie Mac’s rate for a 30-year fixed-rate mortgage reached its lowest level in over a year, averaging 6.19% for the week ...

While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

“At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower,” Sam Khater, Freddie Mac’s chief economist, said in a statement.

Predicting future mortgage rates trends is a difficult task for economists, especially when U.S. fiscal policy remains unpredictable.