The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers during what's typically a less competitive time of the year for the housing market.

Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings.

Mortgage rates fell from 6.81% last week to 6.69% for a 30-year fixed home loan for the week ending Dec. 5, according to Freddie Mac. “This week, mortgage rates decreased to their lowest level in over a month,

U.S. mortgage rates dropped again this week following a period of increase. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.