Mortgage Rates Decrease This Week
- Share via
From Associated Press
The average rate on 30-year, fixed-rate mortgages fell to 5.88% this week, down from 6.02% last week, Freddie Mac reported.
For 15-year fixed-rate mortgages, a popular option for refinancing, the average rate dropped to 5.24%, down sharply from 5.36% last week. Rates for one-year adjustable mortgages averaged 3.77%, unchanged for the third straight week.
These rates do not include add-on fees known as points. Thirty-year loans carried an average fee of 0.7 point this week.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
