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Mortgage rates June 20, 2024

Mortgage rates June 20, 2024

Mortgage rates June 20, 2024

Mortgage rates fell for the third week in a row, remaining in 6% territory.

Freddie Mac’s latest prime mortgage market study, released Thursday, showed that the average benchmark rate Fixed mortgage for 30 years it fell to 6.87% this week from 6.95% last week. The average rate on a 30-year loan was 6.67% a year ago.

house for sale with clouds overhead

A home for sale is listed on May 22, 2024 in Austin, Texas. (Brandon Bell/Getty Images/Getty Images)

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The average 15-year fixed mortgage rate also fell to 6.13 percent from 6.17 percent last week. A year ago, the 15-year fixed rate averaged 6.03%.