Rates Hit Three-Year Low
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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.
30-year fixed refinance mortgage rates didn’t move at 6.39% today, according to the Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage. Related: Compare Current Refinance Rates The ...
US mortgage rates dropped below 6% this week, cracking a key threshold after years of punishing borrowing costs that sidelined millions of would-be buyers.