The average 30-year mortgage rate has dropped for the fifth consecutive week, hitting an eight-week low. Here’s what it means for prospective homebuyers.

Mortgage rates fell for a fifth week in a row but remain elevated near 7%, Freddie Mac said on Thursday. The average rate on a 30-year fixed mortgage is 6.85%.

is shaping up to be a year of renewed momentum in real estate: despite elevated mortgage rates and home prices, demand is ...

The average rate fell to 6.87% from 6.89% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.77%.

Long-term mortgage rates reached their lowest level for 2025, and a thaw in buyer activity could be on the horizon, said the ...

Mortgage interest rates have fallen to their lowest point since mid-December, and have remained under 7% for the third consecutive week. The average rate on a 30-year fixed-rate mortgage fell ...

The average rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.64%. Borrowing costs on 15-year fixed-rate mortgages, popular with ...

KFC is leaving its ancestral home as parent company moves its corporate office to Texas The average ... Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to ...

A year ago, it averaged 6.64%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also retreated this week. The average ...

That said, rates are still lower than they were a year ago, and you might be thinking about entering the housing market as a result. Some people look at 15-year mortgages rather than a typical 30 ...