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Mortgage rates today: 30-year fixed slips to 6.21%, lowest in months — will rates drop even further or is now the time to lock in your loan?

MSNPiyush Shukla

Mortgage rates today: 30-year fixed slips to 6.21%, lowest in months — will rates drop even further or is now the time to lock in your loan?

Mortgage rates just dropped again. The average 30-year fixed mortgage rate in the U.S. now stands at 6.218%, its lowest level in nearly a year, according to Optimal Blue. That’s down 4 basis points from Monday and 7 basis points from last week, signaling fresh momentum in the housing market. With the Federal Reserve’s recent rate cut and ...

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