30-year mortgage rate drops to lowest level in almost a year
Fastcompany·2025-09-12 13:22
Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week.The long- term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6. ...