Any drop in mortgage rates is good news for homebuyers, but rates still remain high compared to a few years ago.

Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.72%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.

Rates on new 30-year loans held again Thursday after a notable decline earlier in the week. Meanwhile, rate movement was mixed for other loan types.