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US mortgage rates drop to lowest since 2022 at 5.99% — Here's how much refinancing Americans can get for their homes

February 24, 2026 at 02:59 AM
By Mint India
US mortgage rates drop to lowest since 2022 at 5.99% — Here's how much refinancing Americans can get for their homes
The average 30-year fixed mortgage rate in the US dropped to 5.99% on Monday, and over a percentage lower than the 6.89% rate the same time last year. This is also the lowest it's been since 2022, as per the White House.

💡Analysis & Context

The average 30-year fixed mortgage rate in the US dropped to 5 The average 30-year fixed mortgage rate in the US dropped to 5.99% on Monday, and over a percentage lower than the 6.89% rate the same time last year. Monitor developments in US for further updates.

📋 Quick Summary

The average 30-year fixed mortgage rate in the US dropped to 5 99% on Monday, and over a percentage

The average 30-year fixed mortgage rate in the US dropped to 5.99% on Monday, and over a percentage lower than the 6.89% rate the same time last year. This is also the lowest it's been since 2022, as per the White House.
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