04/16/2026
Good news for Buyers!
Mortgage rate averages fell to a four-week low — marking the second week of declines.
The 30-year, fixed-rate mortgage averaged 6.3% in the week ended Thursday, according to mortgage giant Freddie Mac. That's down from last week's average, and it's lower than this time last year, when the rate averaged 6.83%.
Similarly, the 15-year, fixed-rate mortgage was lower than this time last week and last year, averaging 5.65% as of Thursday.
Key takeawaysMortgage rates fell for a second straight week, with the 30-year fixed-rate averaging 6.3% and the 15-year at 5.65%, according to Freddie