The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year. The decline brings the average long-term mortgage rate to 6.21% from 6.22% last week,

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year.

The average 30-year fixed mortgage rate rose slightly to 6.22% this week but remains below both the year-to-date average of 6.62% and the 6.60% rate seen a

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year

MCLEAN, Va.(AP) — Freddie Mac says the average rate on a 30-year mortgage fell to 6.19% this week, its lowest level in more than a year.

A weak jobs report wasn't enough to move Treasury yields or mortgage rates this week. Mortgage rates held steady at 6.21%.

Mortgage rates inched up this week, but remained well below the year-to-date average, the latest Freddie Mac (FMCC) Primary Mortgage Survey showed.

With the average savings account paying 0.40%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a little bleak for savers. However, high-yield savings accounts still offer a way to get a little more yield.

The Federal Reserve cut rates last week for the third time this year, trimming its benchmark rate by a quarter-point in its final meeting of 2025. Even though that cut was widely expected, mortgage rates remain above their 2025 lows, according to Bankrate’s national survey of lenders. However, they’re not too far off the recent low of 6.25%.