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Average long-term US mortgage rate ticks down to 6. 84% this week, a . . . WASHINGTON (AP) — The average rate on a 30-year U S mortgage fell modestly for the second straight week, but home borrowing costs remain elevated The long-term rate inched back to 6 84% from 6 85% last week, mortgage buyer Freddie Mac said Thursday A year ago, the rate averaged 6 95%
Average long-term US mortgage rate falls to 6. 69%, second straight drop . . . Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan slipped to 6 69% from 6 71% last week A year ago, the rate averaged 5 78% Despite easing the past two weeks, the average rate is only down slightly from its 2023 high of 6 79% set in early June