Today’s Mortgage Refinance Rates
Digest more
The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling.
Lower mortgage rates could feed supply for buyers if they encourage potential sellers who have been locked into lower rates to list their homes. Freddie Mac reported this past week that the
Mortgage rates have dropped under 6% for the first time since 2022. The average 30-year fixed mortgage rate has slipped to about 5.98%, its lowest level since September 2022. Home buyers have more purchasing power when mortgage rates drop. Meanwhile, home sellers are hopeful that lower mortgage rates will attract buyers.
By Lucia Mutikani and Saeed Azhar WASHINGTON, Feb 26 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but the decline is likely temporary and on its own insufficient to significantly boost housing demand unless supply increases,
Will recent declines in the mortgage interest rate climate continue this March? Here's what experts are expecting.