- Housing News
- February 26, 2026
The Wait Is Finally Over: Mortgage Rates Finally Drop Below 6%
Homebuyers and homeowners can finally exhale. Mortgage interest rates fell below 6% for the first time in three-and-a-half years.
Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.
Homebuyers and homeowners can finally exhale. Mortgage interest rates fell below 6% for the first time in three-and-a-half years.
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