homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

January 31, 2025

Average rate on 30-year mortgage remains just below 7 percent

By ALEX VEIGA
AP Business Writer

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.

The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.63%.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.