U.S. 30-Year Fixed Mortgage Rate Falls to 6.3%, Lowest Since March 2025
The average long-term U.S. mortgage rates declined this week, with the 30-year fixed rate dropping to 6.3%, down from 6.37% last week. The 15-year fixed rate also decreased to 5.65%, marking the lowest levels since March 19, 2025, according to Freddie Mac data released Thursday.
Abc NewsS. 37% last week, Freddie Mac reported Thursday. 22%. 03%, indicating a notable decline over the past year. These figures reflect a gradual easing in mortgage rates over the past year, with the current rates now at their lowest point since early 2025.
U.S. housing finance market.
“The benchmark 30-year fixed rate mortgage rate dropped to 6.3% this week," Freddie Mac stated. > "The average rate on 15-year fixed-rate mortgages dropped to 5.65% this week," the report added. The decline in mortgage rates may influence borrowing costs for homebuyers and refinancing activity, though the data does not include information on loan volumes or housing market conditions.”
Story Timeline
3 events- 2026-04-16
Freddie Mac released mortgage rate data showing the 30-year fixed rate dropped to 6.3% this week.
1 sourceFreddie Mac - 2026-04-09
The 30-year fixed mortgage rate was 6.37% last week.
1 sourceFreddie Mac - 2025-03-19
The average 30-year fixed mortgage rate was 6.22%, the last time rates were this low.
1 sourceunattributed
Potential Impact
- 01
Lower mortgage rates may reduce borrowing costs for homebuyers and increase refinancing activity.
Transparency Panel
Related Stories
abcnews.go.comNPR Receives $113 Million in Private Donations After Federal Funding Cut
NPR announced it received $113 million in philanthropic donations from two donors, including an $80 million gift from Connie Ballmer and $33 million from an anonymous donor. The donations came months after the Trump administration ended federal funding for public media.
insightsonindia.comUK Drug and Food Shortages Linked to Strait of Hormuz Conflict
The ongoing conflict involving Iran's blockade of the Strait of Hormuz is raising concerns about shortages of medicines, jet fuel, and food supplies in the UK. Officials warn that disruptions to supply chains could lead to shortages as early as this summer.
NewsweekTrump’s Approval Rating Strengthens Among Republicans but Remains Negative Nationally
Recent polls show President Donald Trump’s approval rating among Republican voters has increased to above 80 percent, while his overall national approval remains below 40 percent. The data highlights a growing partisan divide ahead of the 2026 midterm elections.