Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

Mortgage rates have been inching down over the past couple of weeks and are nearing 6%. The recent banking turmoil, combined with signals from the Federal Reserve that it may soon take its foot off the gas, has put significant downward pressure on rates.