The 30-year fixed-rate mortgage (FRM) averaged 6.65 percent as of March 27, 2025, down slightly from last week when it averaged 6.67 percent, according to the Freddie Mac. A year ago at this time, the 30-year FRM averaged 6.79 percent.
“The 30-year fixed-rate mortgage ticked down by two basis points this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Recent mortgage rate stability continues to benefit potential buyers this spring, as reflected in the uptick in purchase applications.”
The 15-year fixed-rate mortgage averaged 5.89 percent, up from last week when it averaged 5.83 percent. A year ago at this time, the 15-year FRM averaged 6.11 percent.
