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Freddie Mac 30-year mortgage rate rises to 6.51%

Freddie Mac 30-year mortgage rate rises to 6.51%. Read more on Bond.az.

Lucas Garcia
ByLucas Garcia- Senior Editor
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Bond.az reports that Freddie Mac's latest survey shows the 30-year fixed-rate mortgage averaged 6.51%.

That's up from 6.36% last week. A year ago, the rate was 6.86%.

The 15-year fixed-rate mortgage averaged 5.85%, up from 5.71% the previous week. This compares to 6.01% a year ago.

Freddie Mac's Chief Economist Sam Khater said, "As rates fluctuate, aspiring buyers should remember that shopping around for the best mortgage rate can potentially save thousands."

This article was supported by AI and reviewed by an editor. For more information, see our Terms and Conditions.

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Freddie Mac 30-year mortgage rate rises to 6.51% | Bond.az