US Fixed 30-Year Mortgage Rate Rises to Highest Since July 2025
A drone view shows newly constructed single family residential homes, part of a large Lennar Homes development, in Oceanside, California, U.S., September 1, 2026. REUTERS/Mike Blake
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The average rate on the popular U.S. 30-year fixed-rate mortgage rose this week to its highest in more than a year, a fresh pain point for households already dealing with affordability challenges as a surge in energy prices amid renewed Middle East hostilities pushes up on inflation.
The 30-year fixed mortgage rate averaged 6.71%, up from 6.66% last week and the highest since July 2025, mortgage finance agency Freddie Mac said on Thursday
(Reporting by Ann Saphir; Editing by Andrea Ricci)
