Mortgage Rates Fall

(RTTNews) - Mortgage rates, or interest rates on home loans, dropped from last week, according to mortgage provider Freddie Mac (FMCC.OB).

The 30-year FRM averaged 6.37% as of April 9, 2026, down from last week when it averaged 6.46%. A year ago at this time, the 30-year FRM averaged 6.62%.

The 15-year FRM averaged 5.74%, down from last week when it averaged 5.77%. A year ago at this time, the 15-year FRM averaged 5.82%.

"Mortgage rates ticked down this week, averaging 6.37%," said Sam Khater, Freddie Mac's Chief Economist. "The decrease in rates represents a positive development for prospective homebuyers and could spark a more favorable spring homebuying season than last year."