Pursuits

U.S. Mortgage Rates Fall With 30-Year Average at 3.69%

Lock
This article is for subscribers only.

U.S. mortgage rates declined for a second week, sending costs for 30-year loans to the lowest in more than a month as the busiest homebuying season gets under way.

The average rate for a 30-year fixed mortgage was 3.69 percent, down from 3.78 percent last week and matching the Feb. 12 level, Freddie Mac said in a statement Thursday. The average 15-year rate slid to 2.97 percent from 3.06 percent, according to the McLean, Virginia-based mortgage-finance company.