Episode Details

Mortgage rates just hit a new low — 6.43% for 30-year fixed loans, down from last week and the lowest since mid-May. That’s a relief for homebuyers, especially after last year’s 6.67%. Even 15-year rates dipped to 5.79%, easing borrowing costs for refinance seekers. These moves are tied to the Fed’s policies and investor sentiment on inflation, with mortgage rates closely following the 10-year Treasury. While the drop seems modest, it’s a meaningful step toward more affordable homeownership — and a key signal for the real estate market’s direction.

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