Mortgage rates dip under 6% for first time since ’22

Mortgage rates for the 30-year fixed loan finally broke below the 6% mark this past week, Freddie Mac reported, as the spread with the 10-year Treasury got below 200 basis points.

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However, the 15-year fixed rate mortgage rose by a relatively large 9 basis points from the week of Feb. 19.

“For the first time in three and a half years, the 30-year fixed-rate mortgage dropped into…