Mortgage Rates Today: 30-Year Fixed Stays Near 6% as Spring Buyers Edge Back
U.S. 30-year fixed mortgage rates hovered near 6% this week, with Bankrate reporting 6.21% and Freddie Mac at 6.00%. Existing home sales rose 1.7% in February to a 4.09 million annual rate, as affordability improved from a year earlier. The 10-year Treasury yield fell to 4.102% after oil prices dropped. Economists warned affordability remains a challenge despite recent gains.