Skip to content
Subscriber Only

U.S. Mortgage Rates Drop, With 30-Year Fixed at 3.51%

U.S. mortgage rates for 30-year fixed loans fell for the first time in six weeks, decreasing borrowing costs as home-price gains accelerated.

The average 30-year rate was 3.51 percent in the week ended today, down from 3.56 percent, McLean, Virginia-based Freddie Mac said in a statement. The average 15-year rate slipped to 2.76 percent from 2.77 percent.