Daily mortgage rates slip under 6% for first time since 2022

Decline comes after Trump said he’s giving ‘special attention to the housing market

Daily measures of mortgage rates fell on Friday — breaking the 6% threshold for the first time since 2022.

At one point, the 30-year, fixed-rate mortgage was down to 5.99%, and the 15-year fixed hit 5.55%, according to Mortgage News Daily.

By Friday afternoon, the 30-year, fixed-rate mortgage had already inched upward to 6.06%, although it remained lower than a day earlier.

Such a decline could create a meaningful difference for some borrowers, especially those already carrying 7% or higher rates, but it comes with some caveats, according to mortgage lenders and insiders.

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