03/04/2026
Mortgage rates fell to 5.98% on February 26, the lowest in over three years, prompting refinancing opportunities. Nearly 1.7 million homeowners are now "highly qualified" to refinance with savings of 75 basis points or more, while 4.1 million additional homeowners could also benefit. For those with sufficient equity and credit scores of 720 or higher, refinancing could provide meaningful monthly budget relief.
