Mortgage Rates Drop to Lowest Since February 2023
A Ray of Hope for Homebuyers Amidst a Tough Housing Market Mortgage rates have fallen to their lowest level since February 2023, providing some relief to those navigating the challenging housing market. The average 30-year fixed-rate mortgage rate is now at 6.20%, down from last week’s 6.35% and significantly below last October’s 7.79% peak. This…