We saw mortgage interest rates drop a little bit more in the last 30 days. The most recent decrease will save new borrowers an additional $1.71 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.81% as of this week. Last month at this time, they were sitting at 3.84%. We have seen a slow and steady decline since November 2018.
