US mortgage rate: US 30-year home loan rates edge down to 6.18%; affordability concerns keep buyers cautious

US mortgage rates saw a slight dip this week, with the 30-year fixed rate now at 6.18%, offering minimal relief to homebuyers. While rates are down from last year, affordability remains a significant challenge, especially for first-time buyers. Despite some market improvements, economic uncertainty keeps many potential buyers hesitant.