Mortgage rates fall to 6.09% as applications rise 0.4%
By: Sarah Wolak | Published: 2026-02-25 12:00:00 | Source: www.housingwire.com
“Mortgage rates followed Treasury yields lower last week, with the 30-year fixed rate declining to 6.09% — its lowest level since September 2022. The decrease in rates was enough to drive a 5% increase in conventional refinance applications and a 26% increase in VA refinances,” said Joel Kan, MBA’s vice president and deputy chief economist.
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“Purchase applications were down over…
