Mortgage Rates Hit Lowest Level Since March
✉️ Want to forward this article? Click here.
Long-term mortgage rates continued their trajectory downward this week.
On Thursday, Freddie Mac reported 6.77% as the average on a 30-year mortgage, down 12 basis points from last week.
story continues below
story continues above
"The 30-year fixed-rate mortgage fell to its lowest level since mid-March, dropping 12 basis points from last week,” said Sam Khater, Freddie Mac’s Chief Economist. “Mortgage rates are headed in the right direction and the economy remains resilient, two positive incremental signs for the housing market.
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/mortgage_rates_hit_lowest_level_since_march/22530.
Most Popular... This Week • Last 30 Days • Ever

Cash-out refinancing is a popular financial strategy that allows homeowners to conver... read »

Plans to redevelop a strip mall along the thoroughfare are back in the works after a ... read »

Today, UrbanTurf checks in on the status of the development pipeline over in Congress... read »

The new 230-room citizenM hotel is expected to open at the beginning of 2026.... read »

A new report continues to find that there is an uptick in new listings coming online ... read »
- How Does Cash-Out Refinancing Work?
- 262-Unit Development With 'Main Street' Retail Pitched For Columbia Pike
- St. E's And More: A Look At The Congress Heights Residential Pipeline
- Georgetown Hotel Along Water Street Set To Deliver Next Year
- Three Months In, How Is DOGE Affecting The DC-Area Housing Market?
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro