US mortgage rates fall below 6%, matching the lowest level since 2022
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According to data from Mortgage News Daily, the average rate for the most popular 30-year fixed mortgage dropped to 5.99% on Monday, matching the lowest level since 2022. At this time in 2025, the rate was 6.89%. The decline in yields is attributed to a combination of factors, including new uncertainties brought by tariffs, slowing inflation, and economic weakness reflected in last Friday's disappointing GDP report.
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