US 30-Year Mortgage Rates Breach Key 6% Threshold Ahead of Spring Season

Washington, Thursday, 26 February 2026.
Marking a pivotal shift for the housing economy, the 30-year fixed mortgage rate dropped to 5.98% today—the first sub-6% reading since September 2022. This psychological milestone arrives precisely at the start of the spring buying season, potentially unlocking frozen inventory and reinvigorating buyer demand.