Mortgage rates hit a 4-year low but will they go lower? — slide 1 of 6

Mortgage rates hit a 4-year low but will they go lower? — slide 2 of 6

Mortgage rates hit a 4-year low but will they go lower? — slide 3 of 6

Mortgage rates hit a 4-year low but will they go lower? — slide 4 of 6

Mortgage rates hit a 4-year low but will they go lower? — slide 5 of 6

1 / 6

Mortgage rates hit a 4-year low but will they go lower?

February 25, 2026

The national average 30-year fixed mortgage rate has dropped to 6.01%, the lowest in nearly four years, with the 15-year rate at 5.35%. Despite recent Federal Reserve rate cuts, future reductions are uncertain, and mortgage rates depend more on the 10-year Treasury yield. High home prices and limited supply mean waiting for lower rates may risk missing out. Buyers should consider alternatives like fixer-uppers, rate buydowns, or 15-year loans to improve affordability.

Continue to full article

Your Mortgage Loan Amount

Discover Your Loan Amount!

Ask Me Anything

Let's Talk!