- Mortgage rates have eased closer to 6%, a sign the housing market is cooling off.
- Lower rates open the market to 3 million borrowers who'd been priced out, according to Freddie Mac.
- Markets expect the Fed to stop hiking rates, which could help mortgages become more affordable.
Mortgage rates are falling back near 6%, and that could help reopen the housing market to about 3 million buyers who were priced, according to Freddie Mac.