A “for sale” sign in Washington on May 19, 2025. Madalina Vasiliu/The Epoch TimesMortgage rates have continued their downward drift, falling below 6 percent this week to their lowest level in more than three years.The average rate on a 30-year fixed mortgage dropped to 5.98 percent for the week ending Feb. 26, down from 6.01 percent the prior week, according to Freddie Mac’s weekly survey. A year ago, the 30-year rate averaged 6.76 percent.
Mortgage Rates Hit 3-Year Low, Boosting Buying Power
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