US Mortgage Rates Ease to 6.09% as Housing Demand Holds Firm

US mortgage rates edged lower to 6.09 percent, offering modest relief to prospective homebuyers as the broader economy remains resilient. A strong labor market continues supporting housing demand despite persistent affordability challenges.lenders are closely tracking inflation data and Federal Reserve policy guidance for future rate direction. If borrowing costs remain stable, market participants expect housing activity to sustain moderate momentum in coming months.

Commerce Minister Piyush Goyal dismissed Rahul Gandhi’s criticism of the India-US trade agreement, stating that national interests remain fully protected. He accused the opposition leader of spreading inaccurate information about agricultural concessions and market access terms.Government officials reiterated that the agreement safeguards farmers and domestic industries. The exchange intensified political debate, with both sides presenting contrasting interpretations of the trade pact’s long-term economic implications.