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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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.