Mortgage rates reach lowest since 2022, boosting refinancing
By: | Published: 2026-02-25 13:01:37 | Source: www.nationalmortgagenews.com
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US mortgage rates slipped last week to the lowest level since 2022, generating more refinancing activity.
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The contract rate on a 30-year mortgage dropped 8 basis points to 6.09% in the week ended Feb. 20, according to Mortgage Bankers Association data released Wednesday. The rate on five-year adjustable mortgages fell to 5.23%, also the lowest since September 2022.
