Mortgage rates, or interest rates on home loans, continued to decline, falling to a four-week low, according to mortgage provider Freddie Mac.
The 30-year FRM averaged 6.23% as of April 23, 2026, down from 6.30% last week. A year ago at this time, the 30-year FRM averaged 6.81%.
The 15-year FRM averaged 5.58%, down from last week's 5.65%. A year ago at this time, the 15-year FRM averaged 5.94%.
"The 30-year fixed-rate mortgage declined again this week to 6.23%," said Sam Khater, Freddie Mac's Chief Economist. "Rates currently stand at their lowest level in the last three spring homebuying seasons. This improvement, coupled with a pickup in purchase applications and refinance activity, as well as an increase in monthly pending home sales, underscores signs of improving momentum in the market."
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.