Mortgage rates fall for 2nd straight week, Freddie Mac says

Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday.

Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.76% from last week's reading of 6.81%.

The average rate on a 30-year loan was 7.22% a year ago.

"In recent weeks, rates for the 30-year fixed-rate mortgage have fallen even lower than the first-quarter average of 6.83%," said Sam Khater, Freddie Mac's chief economist.

The average rate on the 15-year fixed mortgage dipped slightly to 5.92% from last week's reading of 5.94%. One year ago, the rate on the 15-year fixed note averaged 6.47%.

Americans have faced an affordability crisis and supply issues in the housing market for years, making it difficult for first-time homebuyers to enter the market.

Help FAIRtax Become The Number One Issue in 2025

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes to your existing Monthly Re-Occurring Donation with new card or billing address information, then Please call Adam Yomtov our New York State Co-Director. He is assisting with the administration of our donations, technology services, and website.

Please note: Inputting your new information at our website won't update your donation. The only way to update is by calling Adam Yomtov 917-689-3931 mobile.


Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share