Mortgage Rates Decrease
“The average mortgage rate decreased slightly this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Over the last couple of months, the 30-year fixed-rate mortgage has fluctuated less than 20 basis points, and this stability continues to bode well for buyers and sellers alike.”
News Facts
- The 30-year FRM averaged 6.81% as of April 24, 2025, down from last week when it averaged 6.83%. A year ago at this time, the 30-year FRM averaged 7.17%.
- The 15-year FRM averaged 5.94%, down from last week when it averaged 6.03%. A year ago at this time, the 15-year FRM averaged 6.44%.
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