Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.84%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.

Mortgage rates fell across the board this week, breaking a four-week streak of increases. The average rate on the 30-year fixed-rate mortgage fell 12 basis points to 6.95% for the

Even with the 4 basis point drop, the 30-year fixed rate mortgage remained at levels last seen in February as the Spring homebuying season reaches its climax.