US mortgage rates have dropped for the seventh consecutive week, with the largest weekly decrease since mid-September. According to Freddie Mac, the average 30-year loan rate fell from 6.76% last week to 6.63%, marking a significant drop in the borrowing costs.
Source: https://www.bloomberg.com/news/articles/2025-03-06/us-mortgage-rates-post-biggest-weekly-drop-since-mid-september