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Mortgage rates fall to 6.01%: Freddie Mac

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Mortgage rates fall to 6.01%: Freddie Mac

Mortgage rates dropped this week to the lowest level since September 2022, mortgage buyer Freddie Mac said Thursday.

Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.01% from last week’s reading of 6.09%. 

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The average rate on a 30-year loan was 6.85% a year ago.

RENT BECOMING MORE AFFORDABLE FOR MANY AMERICANS AS MARKET STABILIZES

A woman hammers an open house signs into the ground in front of a home in Oregon.

The average rate on the 30-year fixed mortgage fell to 6.01% this week, Freddie Mac said. (Ty Wright/Bloomberg via Getty Images)

“This lower rate environment is not only improving affordability for prospective homebuyers, it’s also strengthening the financial position of homeowners,” said Sam Khater, Freddie Mac’s chief economist. “Over the past year, refinance application activity has more than doubled, enabling many recent buyers to reduce their annual mortgage payments by thousands of dollars.”

The average rate on a 15-year fixed mortgage fell to 5.35% from last week’s reading of 5.44%.

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US HOME PRICES ARE RISING – BUT THESE FAST-GROWING MARKETS REMAIN AFFORDABLE

Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. Though mortgage rates are not directly affected by the Fed’s interest rate decisions, they closely track the 10-year Treasury yield. The 10-year yield hovered around 4.08% as of Thursday afternoon.

“This dip from 6.09% last week follows a notable slide in the 10-year Treasury yield, which hit its lowest point since late November 2025 after last week’s softer-than-expected CPI reading and a relatively optimistic jobs report,” said Realtor.com senior economist Jake Krimmel.

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New homes for sale in Encinitas, California.

The average rate on a 15-year fixed mortgage fell to 5.35% from last week’s reading of 5.44%. (Mike Blake/Reuters)

Krimmel also said that the lower rates are setting the stage for the spring homebuying season.

“There is a chance to be nearly a full percentage point lower than that this spring, which would meaningfully boost purchasing power,” he said. “However, the supply side remains mixed: new construction in 2025 finished behind 2024, and inventory growth has clearly lost steam.”

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Krimmel noted, however, that if the mortgage “lock-in effect” doesn’t ease, lower rates could reignite competition in the market and lead to a spike in prices.

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How do you modernise mango farming?

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How do you modernise mango farming?

India’s mango farmers are being urged to innovate as climate change makes cultivation “unpredictable”.

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Keurig Dr Pepper unveils 35 new beverages in major expansion

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Keurig Dr Pepper unveils 35 new beverages in major expansion

Beverage giant Keurig Dr Pepper is significantly expanding its portfolio this year, unveiling more than 35 new drinks across its soda, tea, water, juice and energy brands.

The Burlington, Massachusetts- and Frisco, Texas-based company announced Wednesday that the lineup will feature flavors such as Dr Pepper Creamy Coconut, A&W Root Beer Float, 7UP Shirley Temple and Canada Dry Fruit Splash Strawberry, among others.

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Consumers want beverages that fit every need throughout their day,” Katie Webb, vice president of innovation at Keurig Dr Pepper, said in a statement.

Several of the launches will be limited-time offerings. 

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Limited-edition Dr Pepper Creamy Coconut and Dr Pepper Creamy Coconut Zero Sugar return to shelves in April 2026. (Keurig Dr Pepper / Unknown)

Dr Pepper Creamy Coconut returns in April, followed by A&W Root Beer Float in July. 

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7UP Shirley Temple is slated for a nationwide rollout during the holiday season.

Snapple will introduce a limited-time raspberry tea and lemonade blend this summer in celebration of America’s 250th birthday. The brand is also refreshing its packaging and logo beginning in March.

Canada Dry is expanding its Fruit Splash line with a new strawberry flavor set for a nationwide launch in February.

KEURIG RECALLS MORE THAN 80K MCCAFÉ DECAF K-CUP PODS OVER CAFFEINE MIX-UP

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Keurig Dr Pepper said citrus flavors continue to resonate with younger consumers, driving launches such as Bai Barù Blood Orange and Kroger-exclusive 7UP Endless Summer Mandarin Orange.

The company also said zero-sugar sodas are generating six times more dollar growth than regular varieties, and all 2026 carbonated soft drink innovations will be offered in both regular and zero-sugar options. 

Mott’s will debut its first zero-sugar juice drink line in March.

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In the energy category, brands including GHOST, C4, Bloom and Black Rifle are also expanding flavor offerings.

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Cans of A&W Root Beer Float and A&W Root Beer Float Zero Sugar, set to launch in July 2026. (Keurig Dr Pepper / Unknown)

According to Keurig Dr Pepper’s State of Beverages 2025 Trend Report, 44% of Americans – and 72% of Gen Z consumers – try new beverages each month.

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“Dr Pepper Creamy Coconut was inspired by viral social media trends and its comeback is powered by pure consumer love – when fans rally this hard for a flavor, we listen,” Webb added.

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Form 13G SIM ACQUISITION CORP. I For: 19 February

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Form 13G SIM ACQUISITION CORP. I For: 19 February

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What is Seedance? The Chinese AI app sending Hollywood into a panic

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What is Seedance? The Chinese AI app sending Hollywood into a panic

These productions have been sticking to romance or family drama to keep costs down as they need fewer visual effects. But now AI can “elevate low-budget productions into more ambitious genres such as sci-fi, period drama and, now, action”, Kwok says.

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TOPPAN Holdings Inc. 2026 Q3 – Results – Earnings Call Presentation (OTCMKTS:TOPPY) 2026-02-19

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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North Korea’s Kim opens 9th Party Congress citing economic achievements


North Korea’s Kim opens 9th Party Congress citing economic achievements

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Trump pitches economic plan in Georgia as high prices frustrate voters

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Trump pitches economic plan in Georgia as high prices frustrate voters


Trump pitches economic plan in Georgia as high prices frustrate voters

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German tax revenues fell by 3.4% in January, finance ministry says

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German tax revenues fell by 3.4% in January, finance ministry says


German tax revenues fell by 3.4% in January, finance ministry says

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Form 13G Alpha Cognition Inc. For: 19 February

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Form 13G Alpha Cognition Inc. For: 19 February

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Form 13G Power REIT For: 19 February

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Form 13G Power REIT For: 19 February

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