30-Year Mortgages Near Record Low
- Share via
From Associated Press
The average interest rate on a fixed-rate 30-year mortgage fell to 5.62% this week, down from 5.70% last week, Freddie Mac reported. The rate nearly matched the record low of 5.61% set in the week ended March 14.
For 15-year fixed-rate mortgages, a popular option for refinancing, rates declined to 4.97%, compared with 5.03% last week. Rates for one-year adjustable-rate mortgages fell to 3.66% from 3.74% last week.
The rates do not include add-on fees known as points.
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.
