In the week concluding on March 21, 2025, the average interest rate for 30-year fixed-rate mortgages with conforming loan balances (amounts at or below $766,550) in the United States slightly decreased to 6.71%, down from the 6.72% recorded the previous week, as reported by the Mortgage Bankers Association. This is a comparison to a rate of 6.93% observed one year prior.