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Average US long-term mortgage rate falls to the lowest level of the year at 6.15%
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FILE - A sign is posted for a new home for sale in Ambler, Pa., Thursday, Oct. 16, 2025. - photo by AP Photo/Matt Rourke, File
WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged 6.91%.