Mortgage Rates Drop

US Mortgage Rates Drop to 5.99% Lowest level since 2022!

What Happened?

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Last Year vs Now

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Why Rates Fell?

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Monthly Payment Difference

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Refinance Boom

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More Buyers Eligible

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What’s Next?

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Mortgage Rates Drop

What Happened?

Stock market sell-off Investors rushed to bonds Bond yields fell Mortgage rates dropped

Last Year vs Now

Last Year: 6.89% Now: 5.99% Big relief for home buyers

Why Rates Fell?

Cooling inflation Weak GDP report Tariff uncertainty Strong bond market

Monthly Payment Difference

Refinance Boom

Refinance applications up 130% vs last year People rushing to lock lower rates

More Buyers Eligible

What’s Next?

If bond market stays stable, rates may remain near 6% Spring housing market could heat up