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Average mortgage rate drops to lowest level in more than a year
Average mortgage rate drops to lowest level in more than a year
Average mortgage rate drops to lowest level in more than a year

Published on: 10/23/2025

This news was posted by Oregon Today News

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The average rate on a 30-year U.S. mortgage fell this week to its lowest level in more than a year, extending a recent trend that’s helped give lagging U.S. home sales a boost.

The average long-term mortgage rate fell to 6.19% from 6.27% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.54%.

News Source : https://www.oregonlive.com/realestate/2025/10/average-mortgage-rate-drops-to-lowest-level-in-more-than-a-year.html

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