U.S. 30-year fixed mortgage rates fell to 6.04%, the lowest since 2022, Bankrate reported Wednesday. Mortgage applications rose 0.4% last week, driven by a 4% jump in refinancing, while home purchase applications dropped 5%, according to the Mortgage Bankers Association. Homebuilder stocks slid, with the iShares U.S. Home Construction ETF down 3.4%. The 10-year Treasury yield hovered near 4.05%.