Mortgage rates fall below 6 percent for first time in more than 3 years
The Hill
by Ashleigh FieldsFebruary 26, 2026
Mortgage rates fell below 6 percent on Thursday for the first time in more than three years, marking an opening for homebuyers as inflation cools. Currently, the 30-year fixed-rate mortgage is averaging 5.98 percent, down .03 points from last week, according to Freddie Mac. Last year, the rate averaged 6.76 percent. “This lower rate environment…
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Originally published on The Hill on 2/26/2026