Tuesday, 22 June 2021 | The Latest Buzz for the Appraisal Industry

Average Rate For 30-Year Mortgage Continues to Hold at Under 3 Percent

Mortgage rates fell for a third straight week, with the average rate for a 30-year fixed-rate mortgage dipping to 2.94%, down from 2.96% last week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS).

A year ago at this time, the 30-year averaged 3.28%.

“Since the most recent peak in April, mortgage rates have declined nearly a quarter of a percent and have remained under three percent for the past month,” says Sam Khater,

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