US 30-Year Mortgage Rates Drop Slightly

2025-12-18 17:11 By Agna Gabriel 1 min. read

The average rate on a 30-year fixed mortgage decreased to 6.21% as of December 18, 2025, down slightly from 6.22% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac.

A year ago, the 30-year fixed rate was 6.72%.“The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months,” said Sam Khater, Freddie Mac’s Chief Economist.

“With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.” Meanwhile, the 15-year fixed-rate mortgage averaged 5.47%, below 5.54% last week.



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