According to CoinWorld, US mortgage rates fell slightly last week as sellers struggled to find buyers willing to accept their offers. Data from Freddie Mac shows the average 30-year fixed mortgage rate dropped from 6.53% to 6.48%, compared to 6.85% a year ago. The peak sales season is facing pressure from high borrowing costs as economic uncertainty stemming from the Iran war pushes up inflation expectations and keeps mortgage rates high. Inventory growth outpaces demand, making it difficult for many sellers across the country to attract bids. Redfin real estate agent Patricia Ammann stated that the upward momentum in home prices is not as strong as it was five years ago, as high gasoline prices and rising living costs have made potential buyers less willing to push up prices.