The 30-year fixed-rate mortgage has a number of advantages for homeowners and investors. But it wasn’t always the norm. The housing market has plenty going wrong these days: high interest rates ...

In the first half of 2025, average 30-year home loan rates fluctuated between 6.5% and 7%. Meanwhile, 15-year rates have averaged between 5.75% and 6.25%.

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 ...

The current average interest rate for a 30-year refinance is 6.89%, a decrease of 7 basis points compared to one week ago. (A basis point is equivalent to 0.01%.) ...

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 ...

WASHINGTON The average rate on the 30-year fixed mortgage rose sharply this week after falling below 4 percent for the first time in history. Freddie Mac said Thursday that the rate on the 30-year ...

Freddie Mac reports an average 6.89% for a 30-year fixed-rate mortgage, up 3 basis points from last week's average 6.86%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...

By MATT OTT, AP Business Writer WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain ...

The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held ...

The 30-year rate's low point this year was in early April when it briefly dipped to 6.62%. Mortgage rates have now fallen four weeks in a row, reflecting the recent pullback in bond yields.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also came down. The average rate fell to 5.99% from 6.03% last week and 6.29% a year ago ...

WASHINGTON (AP) — The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated. The long-term rate dipped ...