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The 30-year fixed mortgage rate has fallen to 5.76% for purchases and 5.93% for refinances, marking the first sustained period below 6% since 2022. This decline stems from bond market reactions to concerns over potential tariff impacts and mixed GDP data, with the February 2026 average sitting at 5.87% according to multiple industry sources. This rate environment creates a critical window for both homebuyers and existing homeowners, as borrowing costs haven't been this favorable in over three years. The timing coincides with broader economic uncertainty that's driving investors toward safer Treasury bonds, inadvertently benefiting mortgage markets. For real estate investors, this represents a significant shift in financing dynamics that could unlock previously uneconomical deals. Watch for Fed policy signals later this year, as resumed rate cuts could push mortgage rates even lower. Property investors should evaluate refinancing opportunities now while considering how improved affordability might affect both residential and commercial property demand in their target markets.