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Long-Term Mortgage Rates Dip Slightly

  • April 24th 2025

by UrbanTurf Staff

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Mortgage rates fell slightly this week after surging 20 basis points last week. 

Today, Freddie Mac reported 6.81% as the average on a 30-year mortgage, down two basis points from last week. 

“Over the last couple of months, the 30-year fixed-rate mortgage has fluctuated less than 20 basis points, and this stability continues to bode well for buyers and sellers alike,” said Sam Khater, Freddie Mac’s Chief Economist. 

The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.

See other articles related to: interest rates, mortgage rates

This article originally published at https://dc.urbanturf.com/articles/blog/long-term_mortgage_rates_dip_slightly/23442.

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