The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.

The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.

Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline By ALEX VEIGA , AP Business Writer Updated June 18, 2025 9:58 a.m. FILE - A sign announces the sale of a new ...