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U.S. Mortgage Rates Hit New Record Low With 30-Year at 2.65%

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By Prashant Gopal and Donald Moore

January 7, 2021 at 3:00 PM UTC

Updated on

January 7, 2021 at 5:12 PM UTC

This article is for subscribers only.

Mortgage rates in the U.S. started 2021 by setting another record low.

The average for a 30-year, fixed loan fell to 2.65%, down from 2.67% last week and the lowest in data going back 50 years, Freddie Mac said in a statement Thursday. It was the 17th record low since the coronavirus started roiling financial markets last March.