Mortgage rates fall below 6% for the first time since 2022
Homebuyers are welcoming something they haven’t seen since 2022: mortgage rates below 6%. The reduction could offer home hunters some financial breathing room as the spring home-buying season gets started. The benchmark 30-year fixed-rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged … Read more