4 sources·Business

Average US 30-year Mortgage Rate Drops to 6.65%, Offering Relief to Homebuyers

The average 30-year mortgage rate in the U.S. decreased to 6.65%, providing a positive shift for homebuyers during the busy spring season.

100%

The distribution of story sources: left-leaning (blue), center (light gray), and right-leaning (red).

Reliable

The underlying sources consistently report facts with minimal bias, demonstrating high-quality journalism and accuracy.

Balanced

The underlying sources are either a balanced mix of left and right or primarily centrist.

Several factors point to easing difficulty.
The housing search is easing, but a prolonged trade war could derail progress
NBC News·24d
Reliable
This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
·
Center
This outlet is balanced or reflects centrist views.
The overall decline this year in the average rate on a 30-year mortgage loosely follows the moves in the 10-year Treasury yield, which lenders use as a guide to pricing home loans.
Average US rate for 30-year mortgage falls slightly to 6.65% after rising for 2 weeks
ABC News·24d
Reliable
This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
·
Center
This outlet is balanced or reflects centrist views.
Even as mortgage rates tread water, Americans are still trying to buy homes.
Mortgage rates aren't budging. Americans are finding ways to buy homes anyhow.
USA TODAY·24d
Reliable
This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
·
Center
This outlet is balanced or reflects centrist views.
The overall decline this year in the average rate on a 30-year mortgage loosely follows moves in the 10-year Treasury yield, which lenders use as a guide to pricing home loans.
Average US rate on a 30-year mortgage dips to 6.65% after rising for 2 weeks
Associated Press·24d
Reliable
This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
·
Center
This outlet is balanced or reflects centrist views.

Sort highlights

Updated: Mar 27th, 2025, 5:49 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

This week, the average rate on a 30-year mortgage in the U.S. fell slightly to 6.65%, a decline after two weeks of increases and a change from 6.79% a year ago. This trend is seen as encouraging for homebuyers amid a housing market slump. Meanwhile, 15-year fixed mortgage rates rose to 5.89%. Influenced by bond yields and economic factors, this slight mortgage rate decline comes as home sales could potentially rise with increased inventory and stable buying conditions. However, challenges remain as prices remain high—reflecting ongoing difficulty in the housing market.

Perspectives

Compare opinions on this story from liberal (Left), conservative (Right) or center-leaning news organizations.

This story is either non-partisan or does not have the required sources to create partisan perspectives.

FAQs

A list of follow-up questions readers often ask about this story.

No FAQs available for this story.