Mortgage Rate Trends 2024 Pdf. That's down from last month’s 6.54% and down from last year's 6.77%. The average interest rate, per the most current data available as of this writing, is 6.435%.

Mortgage rates have been revised slightly lower as signals from the economy suggest that it will be appropriate for the fed to begin to cut its federal funds. Real estate market, interest rates could shift in u.s.