Mortgage Rates Drop to Lowest Levels in Over Two Years
Real Estate
The daily average 30-year fixed-mortgage rate dropped to 5.99 percent on Monday, the lowest level in more than two years with the exception of a few hours on January 9, when they were at the same level, according to real-estate site Redfin. It is a further decline from the dip already reported by Freddie Mac earlier this week, when the company put the average 30-year fixed-mortgage rate at 6.01 percent on February 19—the lowest level since September 2022. While mortgage rates are still double
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