US 30-Year Mortgage Rate Falls to 6.18%
Mortgage rates have dropped for the second consecutive week, giving some relief to homebuyers who have been under pressure for months. Lower rates improve affordability, reduce monthly payments, and slowly bring buyers back into the market.
However, overall housing activity remains muted. Many buyers are still cautious, waiting for clearer signals on inflation, Fed policy, and further rate cuts before committing. Sellers are also holding back, which keeps inventory tight.
From a market perspective, falling long-term rates are a liquidity-positive signal. They support risk assets over time, improve consumer confidence, and can indirectly benefit growth-sensitive sectors — including crypto narratives linked to macro easing and capital rotation.
If rates continue trending lower, expect gradual momentum, not instant acceleration. Smart money watches consistency, not headlines.
