Latest data shows that as of August 15, 2024, the average 30-year fixed mortgage rate offered by Freddie Mac saw minimal change, staying steady at 6.49%. This is only a slight increase from the previous week's rate of 6.47%. The consistent rates indicate stable conditions in the housing market, providing potential homeowners with a reliable financing option. Keeping a close eye on these trends is vital for those looking to secure favorable mortgage terms and make informed decisions regarding their home purchases.