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Home / National News / Average US rate on 30-year mortgage drops to 3.75 percent (access required)

Average US rate on 30-year mortgage drops to 3.75 percent (access required)

WASHINGTON  — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year, fixed-rate mortgage fell to 3.75 percent from 3.80 percent last week. The rate for a 15-year mortgage, popular with homeowners ...

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