Sun, 03 May 2026 05:02:15 +0000

Mortgage Rates Are Crashing—You Won’t Believe What This Means for Your Home Loan If you’ve been following the housing market lately, you’ve likely noticed something groundbreaking: mortgage rates are crashing to historic lows. After years of rising costs driven by inflation and tight monetary policy, mortgage rates are plummeting — and this development isn’t just good news—it’s a game-changer with major implications for buyers, sellers, and the broader economy. Mortgage Rates Hit Fresh Lows: What’s Driving the Drop? Recent data shows 30-year fixed mortgage rates have fallen below 6% for the first time in years, a dramatic shift from over 7% just a few months ago. This sharp decline stems from several key factors: