Miami New Realty, original brokerage blog archiveThe 30-year, fixed-rate loan averaged 6.65% as of Thursday
Key takeaways
• Weekly mortgage rates eased for a second straight week, with the 30-year fixed-rate mortgage averaging 6.65% and the 15-year loan at 5.95%, according to Freddie Mac.
• While weekly rates declined, daily mortgage rates rose Thursday amid higher oil prices and uncertainty surrounding the conflict with Iran.
• The housing market remains relatively stable despite elevated rates, a sign that borrowers could be adjusting to the high-rate environment.
Mortgage rates eased for the second consecutive week, potentially opening a window of opportunity for some borrowers.
In the week ended Thursday, the 30-year, fixed-rate mortgage (https://www.homes.com/news/category/mortgage-rates/) averaged 6.65% — down from a week earlier, but still higher than at the same time last year, when the average was 6.58%, according to mortgage giant Freddie Mac.
The 15-year, fixed-rate mortgage also eased, averaging 5.95%. It's lower than a week earlier, but higher than it was at the same time in 2025.
Daily mortgage rates, however, increased on Thursday, likely the result of lenders responding to rising oil prices and uncertainty about the war with Iran. The 30-year, fixed-rate mortgage climbed to 6.76%, and the 15-year, fixed-rate mortgage hit 6.3%, according to Mortgage News Daily.
Contact the team