Mortgage rates dipped slightly this week after a sharp jump of 20 basis points last week.

Today, Freddie Mac reported the average rate on a 30-year mortgage at 6.81%, down two basis points from the previous week.

“Over the last couple of months, the 30-year fixed-rate mortgage has fluctuated less than 20 basis points, and this stability continues to bode well for buyers and sellers alike,” said Sam Khater, Freddie Mac’s Chief Economist.

Also, compare the current mortgage rate to 2 months ago here.

Brickfront Mortgage Rate Note:

The rates reported by Freddie Mac for 30-year mortgages reflect the best terms typically available to the most qualified borrowers. Buyers or homeowners considering refinancing should understand that actual rates may vary based on individual qualifications.