Mortgage rates stuck near 6% — a jobs report could break the stalemate
U.S. mortgage rates fell to a three-week low Tuesday, with Mortgage News Daily’s 30-year fixed index dropping to 6.11%. Zillow’s average 30-year rate stood at 5.99% on Feb. 9, while 30-year refinance rates reached 6.80%. Traders are watching for the U.S. jobs report at 8:30 a.m. ET for the next move in bond yields.