Mortgage Rate Drop Again

Mortgage rates have declined, reaching a two-month low as of February 27th. The 30-year fixed-rate mortgage averaged 6.76%, down from 6.85% last week and 6.94% a year ago. The 15-year fixed-rate also decreased to 5.94%. This drop, coupled with increased housing inventory, offers positive news for homebuyers. Stay updated on current mortgage rates and housing market trends.