Mortgage rates fall below 6 percent for first time in more than three years

Mortgage rates fell below 6 percent on Thursday for the first time in over three years, marking an opening for home buyers as inflation cools. Currently, the 30-year fixed-rate mortgage is averaging 5.98, down .03 percent from last week, according to Freddie Mac. Last year, the rate averaged 6.76 percent. “This lower rate environment is…