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Average long-term mortgage rate falls below 6% in time for spring home-buying season

https://www.theguardian.com/us-news/2026/feb/26/mortgage-rate-fallshttps://nypost.com/2026/02/26/business/mortgage-rates-dip-below-6-for-first-time-since-2022/https://abc7chicago.com/post/us-mortgage-rates-drop-below-6-1st-time-4-years/18654222/
Theguardian.com and 8 more
Average long-term mortgage rate falls below 6% in time for spring home-buying season Open in Theguardian.com
Highlights
  • The average long-term U.S. mortgage rate slipped below 6% this week for the first time since late 2022, aiding spring home buyers as rates ease.
  • Lower rates may boost borrowing capacity, but buyers face price trajectories and seller competition that can offset affordability gains.
  • Refinancing activity remained a major driver of mortgage demand as rates eased, with refi loans making up the majority of applications.

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References

Mortgage rates dip below 6% for first time since 2022 — just in time for spring buying season

Mortgage rates dip below 6% for first time since 2022 — just in time for spring buying season

US mortgage rates drop below 6% for the 1st time in nearly 4 years

US mortgage rates drop below 6% for the 1st time in nearly 4 years

Average U.S. long-term mortgage rate dips below 6% for the first time since 2022

Average U.S. long-term mortgage rate dips below 6% for the first time since 2022

Mortgage rates fall below 6% for the first time in years

Mortgage rates fall below 6% for the first time in years

Mortgage rates fall below 6% for first time in over 3 years

Homebuyers refuse to back down as mortgage rates continue hovering stubbornly near 6% mark

Homebuyers refuse to back down as mortgage rates continue hovering stubbornly near 6% mark

Mortgage rates fall below 6% for the first time in more than 3 years | CNN Business

Mortgage rates fall below 6% for the first time in more than 3 years | CNN Business

For the first time since 2022, average US long-term mortgage rate dips below 6%

For the first time since 2022, average US long-term mortgage rate dips below 6%

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