The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history.
The average fixed rate for a 15-year mortgage also remained unchanged from last week at 2.28%.
After another week at the record low, there have now been 18 consecutive weeks when average mortgage rates have been below 3%. This also marks the second time in the survey’s history rates have fallen below 2.75%.
These consistently low rates are advantageous for borrowers – details ⇒
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