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Today’s Lead Story
Wednesday, August 26

Mortgage & Housing

30-Year Mortgage Rate Drops to 6.65% in Second Consecutive Weekly Decline

via Freddie Mac

Freddie Mac's weekly survey shows the average 30-year home loan settled at 6.65% for the week of August 20, slipping for the second straight week after touching a 13-month high earlier this month. The 15-year fixed rate also edged lower to 5.95%.

Why it matters

A falling rate trend matters to buyers and homeowners alike — each quarter-point drop can shave roughly $40–$50 per month off the payment on a $300,000 mortgage.

For educational purposes only. Not financial, investment, tax, or legal advice. Always do your own research or speak with a qualified professional.

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