US 30-year fixed mortgage rate 6.46% (prev. 6.38%); highest since early September 2025, via Freddie Mac
Context
The increase in the US 30-year fixed mortgage rate to 6.46% suggests rising borrowing costs, which could dampen housing market activity. This marks the highest rate since early September 2025, signaling potential implications for inflation and consumer spending, and may influence expectations for future rate decisions from the Fed.
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