The average rate on a five-year fixed mortgage has dropped below 5% for the first time since May 2023, as the cost of borrowing continues to fall steadily. The average five-year fixed rate hit 4. ...

Mortgage rates drop to their lowest since October, boosting affordability as home prices continue to rise. Discover the latest trends.

Mortgage rates fell to the lowest level of the year this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the ...

This is the fourth week in a row that rates have come down. The latest average rate on a 30-year mortgage is now at its lowest level since Oct. 24, when it averaged 6.54%.

After reaching a peak of 7.04% in January 2025, mortgage rates retreated to the mid-6% range in March but then reversed ...

WASHINGTON, D.C., USA — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing ...

This is the fourth week in a row that rates have come down. The latest average rate on a 30-year mortgage is now at its lowest level since Oct. 24, when it averaged 6.54%.

This is the fourth week in a row that rates have come down. The latest average rate on a 30-year mortgage is now at its lowest level since Oct. 24, when it averaged 6.54%.

MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power ...