Mortgage rates, or interest rates on home loans, dropped from last week, according to mortgage provider Freddie Mac (FMCC.OB).
The 30-year FRM averaged 6.37% as of April 9, 2026, down from last week when it averaged 6.46%. A year ago at this time, the 30-year FRM averaged 6.62%.
The 15-year FRM averaged 5.74%, down from last week when it averaged 5.77%. A year ago at this time, the 15-year FRM averaged 5.82%.
"Mortgage rates ticked down this week, averaging 6.37%," said Sam Khater, Freddie Mac's Chief Economist. "The decrease in rates represents a positive development for prospective homebuyers and could spark a more favorable spring homebuying season than last year."
For comments and feedback contact: editorial@rttnews.com
Business News
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.