Mortgage Rates Drop Meaningfully Over The Weekend

The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recovered nicely over the weekend.  By Friday afternoon, the average rate was 6.64%–the highest since August 2025–adding to a trend of rapid upward movement over the course of March. While there’s no way to know if a bigger picture corner has been turned, it’s a victory…