On Thursday, mortgage rates data from Mortgage News Daily (MND) showed that the 30-year fixed rates for government loans fell below 6%.

As of Thursday afternoon, the average Federal Housing Administration (FHA) loan rate was 5.97% and the U.S. Department of Veterans Affairs (VA) rate was 5.99%. Mortgage News Daily also reported 15-year fixed rates at 5.70%.

The growing appetite for government loans are following the lead of conventional mortgages, as rates for conventional loan products have dropped to a new low for 2025 at 6.27%, according to MND. That’s in spite of Thursday’s Consumer Price Index (CPI) inflation report details ⇒

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