It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the highest ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Rates here dropped from over 7% at the start of 2025% to under 6% by the ...