Real Estate
US Mortgage Rates Fall Further, Stoking Housing Optimism
- Average 30-year rate hits 6.09%, lowest since February 2023
- Fed cuts seen drawing more buyers and sellers into the market
Mortgage rates continued their decline, hitting the lowest level since early February 2023.
The average for a 30-year, fixed loan was 6.09%, down from 6.2% last week, Freddie Mac said in a statement Thursday.