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Giving Home > Giving News > Finance News > Mortgage Rates Edge Up

Mortgage Rates Edge Up

Published March 21, 2025

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, March 20. The survey revealed that mortgage rates slightly increased but remained below 7%.

This week, the 30-year fixed mortgage rate averaged 6.67%, up from last week’s average of 6.65%. Last year at this time, the 30-year fixed mortgage rate averaged 6.87%.

The 15-year fixed mortgage rate averaged 5.83% this week, up from last week’s average of 5.80%. During the same week last year, the 15-year fixed mortgage rate averaged 6.21%.

“The 30-year fixed-rate mortgage has stayed under 7% for nine consecutive weeks, which is helpful for potential buyers and sellers alike,” said Freddie Mac’s Chief Economist, Sam Khater.

Based on published national averages, the savings rate was 0.41% as of 3/17. The one-year CD averaged 1.78%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.