mortgage rates in 1996
Don’t Expect Mortgage Rates to Drop Like 1996
Mortgage rates in 2026 are not poised to plunge to the low-cost era of 1996; instead they hover around the mid-6% range, reflecting the Fed’s current stance. The Federal Reserve kept its policy rate steady in February, leaving 30-year fixed mortgages perched at roughly 6.3%. Financial Disclaimer: This