Skip to Main Content Back to Main Website
Back to Main Website

Your Legacy,
Our Future

Planned Giving is essential to the mission of the Diocese of Toledo, providing long-term financial stability and ensuring the continuation of its ministries. Through thoughtful estate planning, donors can leave a lasting legacy that supports parishes, schools, charitable programs, and faith initiatives for generations to come. These gifts help sustain vital outreach efforts, educational opportunities, and pastoral care, reinforcing the Diocese's commitment to serving the spiritual and material needs of its community. By including the Diocese in their estate plans, donors become stewards of faith for the future by fostering Holy Disciples, Holy Families, Holy Vocations. Learn About Ways to Give

Giving Home > Giving News > Finance News > Mortgage Rates Decline

Mortgage Rates Decline

Published June 6, 2025

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, June 5. According to the survey, the mortgage rates for 30-year and 15-year loans fell for the first time in over a month.

This week, the 30-year fixed mortgage rate averaged 6.85%, a decrease from last week’s average of 6.89%. Last year at this time, the 30-year fixed mortgage rate averaged 6.99%.

The 15-year fixed mortgage rate averaged 5.99% this week, down from last week’s average of 6.03%. During the same week last year, the 15-year fixed mortgage rate averaged 6.29%.

"The average mortgage rate decreased this week, which is welcome news to potential homebuyers who also are seeing inventory improve and house price growth slow,” said chief economist at Freddie Mac, Sam Khater.

Based on published national averages, the savings rate was 0.42% as of 5/19. The one-year CD averaged 1.75%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.