Mortgage rates linger below 7 percent after reaching four-week low
Summary
Mortgage rates for 30-year and 15-year loans remain just under 7 percent after recently falling to their lowest point in four weeks. The current average rate for a 30-year mortgage is 6.36 percent, and for a 15-year mortgage, it is 5.73 percent.Key Facts
- Mortgage rates are staying just below 7 percent.
- Last Friday, rates reached their lowest point in four weeks.
- The average 30-year mortgage rate is now 6.36 percent.
- The average 15-year mortgage rate is now 5.73 percent.
- In February, 30-year mortgage rates briefly fell below 6 percent.
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