The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an encouraging sign for potential buyers who have wrestled with rising home prices.

WASHINGTON — The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated. The long-term rate dipped to 6. ...

The average rate on a 30-year mortgage has mostly hovered around 7 percent this year — more than double what it was just three years ago. Skip to Main Content Open Close Menu ...

The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated. The long-term rate dipped to 6.85% from 6.89% ...

The average rate on a 30-year mortgage in the U.S. declined for the third week in a row, another positive move for prospective homebuyers during what’s traditionally the housing market’s busy ...

Recent forecasts by housing economists generally called for the average rate on a 30-year mortgage to remain around 6.5% this year. The U.S. housing market has been in a sales slump since 2022 ...