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A sign announces a home for sale on Munjoy Hill, Wednesday, Jan. 25, 2023, in Portland, Maine. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Robert F. Bukaty)

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Average long-term mortgage rate falls a fourth straight week
February 4, 2023 midnight

Average long-term mortgage rate falls a fourth straight week

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.09% from 6.13% last week. That's the lowest level since September. The average rate a year ago was 3.55%.