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Lance Lambert: 30-year mortgage rate falls to 5.99 percent

Lance Lambert: 30-year mortgage rate falls to 5.99 percent
Mortgage rate drops to 5.99%

Lance Lambert reports that the average 30-year fixed mortgage rate has decreased to 5.99 percent, down from 6.89 percent on the same day last year.

This change comes amid a 10-year treasury yield of 4.03 percent and a spread of 196 basis points as of today.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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