US mortgage rate drops to 6.47% again: What's behind the decline and what it means
- Posted on June 21, 2026
- By The Times of India
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- 1 min read
US mortgage rate drops to 6.47% again: What's behind the decline and what it means
Freddie Mac's weekly survey, the benchmark gauge for US home-loan costs, showed the average 30-year fixed mortgage rate slipping to 6.47% from 6.52% the week before, as reported by AP. That's down from 6.81% a year ago.
