04 Mar Mortgage Rates Dip Below 6% For the First Time Since 2022
Mortgage rates dipped below 6% last week for the first time since 2022 — a notable shift as the spring homebuying season begins.
While the housing market has remained cautious over the past few years, sustained movement below 6% could encourage more buyers and sellers to re-enter the market. Even modest rate changes can impact affordability, purchasing power, and overall activity.
For homeowners considering listing — or buyers evaluating their next move — preparation remains key. Rate shifts often influence momentum gradually, not overnight.
Town Title Agency® continues to monitor market trends closely as we support transactions across every stage of the process.