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FX.co ★ US Mortgage Rates Fall for Third Week

US Mortgage Rates Fall for Third Week

The average rate for 30-year fixed mortgages in the US on loans up to $806,500 fell to 6.35% for the week ending April 17, 2026, down from 6.42% the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. This was the third consecutive weekly decline, driven by lower Treasury yields amid rising expectations for a diplomatic resolution to the ongoing conflict. As rates moved lower, total mortgage applications jumped 7.9%—the largest increase since late February—with refinancing applications up 5.8% and home purchase applications climbing 10.1%.

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