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.