Home Loan Rates Update 2026 30 Year Mortgage Drops 78 Basis Points
Home Loan Rates Update 2026: 30-Year Mortgage Drops 78 Basis Points
Mortgage rates are back in the 5% range for the first time in over three years. In this episode, we break down the latest data from Freddie Mac showing the 30-year fixed mortgage rate at 5.98% — a 78 basis point drop compared to last year.
What does this mean for homebuyers, homeowners, and the spring housing market? We explain how this rate shift impacts affordability, purchasing power, refinancing opportunities, and housing inventory.
If you’re considering buying, selling, or refinancing in 2026, this is an update you don’t want to miss.
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