Mortgage rates fell for the sixth week in a row, offering some financial relief to prospective home buyers. The 30-year mortgage rate averaged 6.76% as of Feb. 27, the lowest rate in over two months,

U.S. mortgage rates dropped for another consecutive week. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.76% for the week ending Feb. 27 — down from 6.85% last week. A year ago, mortgage rates averaged 6.94%.

ATTOM, a leading curator of land, property data, and real estate analytics, states "refinancing activity has gradually increased over the past two years following a spike in interest rates in 2021 and 2022 that caused mortgage rollovers to slump more than 80%.

These are today's mortgage and refinance rates. Mortgage rates are down thanks to lower inflation and market fears of an economic slowdown.