---
title: "US fixed 30-year mortgage rate falls below 6%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277076205.md"
datetime: "2026-02-26T17:11:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277076205.md)
  - [en](https://longbridge.com/en/news/277076205.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277076205.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277076205.md) | [繁體中文](https://longbridge.com/zh-HK/news/277076205.md)


# US fixed 30-year mortgage rate falls below 6%

WASHINGTON, Feb 26 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage dropped below 6% this week for the first time in nearly 3-1⁄2 years, which could help to improve housing affordability.

The 30-year fixed mortgage rate averaged 5.98%, the lowest level since September 2022, from 6.01% last week, mortgage finance agency Freddie Mac said on Thursday. It averaged 6.76% during the same period a year ago.

President Donald Trump ordered the Federal Housing Finance Agency - which oversees Freddie Mac and another mortgage finance giant Fannie Mae - to purchase $200 billion of bonds issued by the two companies to help lower the cost of home loans.

## Related News & Research

- [Mortgage Advice Bureau Director Increases Stake in Company](https://longbridge.com/en/news/281548189.md)
- [US FREDDIE MAC 30-YEAR MORTGAGE RATE 6.46% IN LATEST WEEK VS. 6.38% LAST WEEK, 6.64% YEAR AGO](https://longbridge.com/en/news/281556267.md)
- [Anthony Scaramucci Warns American Dream 'Impaired' As Mortgage Rates Hit 6-Month High](https://longbridge.com/en/news/281143514.md)
- [Clipper Realty Faces Legal Action Over Mortgage Default](https://longbridge.com/en/news/281265775.md)
- [US mortgage rates jump to 6.57%, highest since August, MBA says](https://longbridge.com/en/news/281352619.md)