Source: Yahoo! News
“Mortgage rates dipped into the 5% range for the first time since 2022 as Treasury yields continued to fall. The 30-year fixed mortgage rate fell three basis points for the week ending Wednesday to 5.98%. That’s the lowest level since Sept. 8, 2022. The 15-year fixed rose nine basis points to 5.44%. Three months of a slow interest rate decline have filtered through the mortgage industry, with increasing reports of home loan rates finally slipping below 6%. Freddie Mac is the latest rate aggregator to record a sub-6% result, with a 30-year fixed rate of 5.98%.” (02/26/26)