Long-term mortgage rates fall, break 9-week rise · PERT Florida Real Estate School

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WASHINGTON (AP) – After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. That was still sharply higher than a 30-year rate.

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For 2019, the average commercial real estate loan interest rate ranges from approximately 4% to 5%. Find out more about what the average commercial real estate loan rates are for different types of loans and projects.

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The average 30-year fixed mortgage rate fell to 3.79%, down 6 basis points from 3.85% a week ago. 15-year fixed mortgage rates fell 4 basis points to 3.13% from 3.17% a week ago.