Real Estate

US Mortgage Rates Fall for First Time Since Iran War to 6.37%

North America / United States2 views1 min
US Mortgage Rates Fall for First Time Since Iran War to 6.37%

US mortgage rates have fallen for the first time since the start of the war in Iran, providing relief for the US housing market. The average rate for 30-year, fixed loans is now 6.37%, down from 6.46% last week.

Mortgage rates in the US have decreased. The average rate for 30-year, fixed loans is 6.37%. This is down from 6.46% last week. A year ago, the rate was 6.62%. The decrease brings relief to the US housing market as the spring selling season begins.

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