A “for sale” sign is posted in front of a home in Austin, Texas, on March 19, 2024. Brandon Bell/Getty Images
New Year’s Eve revelers may have even more to celebrate this year if they’re also potential homeowners. According to Freddie Mac, mortgage interest rates across the nation have dropped to their lowest levels of the year.
In a statement, Freddie Mac revealed that interest rates on 30-year fixed-rate mortgages averaged 6.15 percent as of Dec. 31, dropping from 6.18 percent just a week ago. This same time last year, the 30-year fixed-rate mortgages averaged 6.91 percent.
