US long-term mortgage rate falls to 6.23%; affordability still remains a challenge for many aspiring homeowners

📅 Published: November 26, 2025 | 📂 Category: Uncategorized

US mortgage rates saw a decline with the 30-year average dropping to 6.23%, reflecting lower Treasury bond yields. The 15-year rate also fell. However, high home prices and economic uncertainty continue to hinder buyer affordability and sales remain stagnant.

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