April 17, 2026

Benchmark 30-year mortgage rate drops to new record low

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WASHINGTON >> U.S. long-term mortgage rates dropped this week to a record low for the 16th time in 2020, reflecting an economy hard hit by the coronavirus pandemic.

Mortgage giant Freddie Mac said today that the average rate on the benchmark 30-year fixed-rate home loan slipped to a record low 2.66% from 2.67% last week. A year ago, it stood at 3.74%

https://www.staradvertiser.com/2020/12/24/breaking-news/benchmark-30-year-mortgage-drops-to-new-record-low/

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