Freddie Mac has released its Primary Mortgage Market Survey for the week ending Thursday, March 6.
The 30-year fixed-rate mortgageĀ averaged 6.63%, down from last week when it averaged 6.76%. A year ago at this time, the 30-year rate averaged 6.88%.
The 15-year fixed-rate mortgage averaged 5.79%, down from last week when it averaged 5.94%. A year ago at this time, the 15-year rate averaged 6.22%.
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US Mortgage Rates Continue to Decline in the Week Ending March 6