Mortgage Bankers Association

The average rate on a 30-year mortgage in the U.S. has eased to 6.69%, the lowest since late October, down from 6.81% last week, according to Freddie Mac. This marks a decrease from last year’s 7.03% average. Rates on 15-year fixed-rate mortgages also dipped, falling to 5.96% from 6.1%. Mortgage rates are influenced by factors […]