US 30-Year Mortgage Rate Approaches 9-Month High

2026-06-11 16:19 By Andre Joaquim 1 min. read

The average rate on a 30-year fixed-mortgage inched higher by 4bps from the previous week to 6.52% on the second week of June, according to data compiled by Freddie Mac.

The result was one basis point away from the nine-month high from two weeks prior amid the increase in long-term Treasury yields over the period.

The prolonged conflict between the US and Iran maintained the blockade of energy exports from the region, lifting US inflation to drive rate traders to position for a Federal Reserve hike this year.



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US 30-Year Mortgage Rate Approaches 9-Month High
The average rate on a 30-year fixed-mortgage inched higher by 4bps from the previous week to 6.52% on the second week of June, according to data compiled by Freddie Mac. The result was one basis point away from the nine-month high from two weeks prior amid the increase in long-term Treasury yields over the period. The prolonged conflict between the US and Iran maintained the blockade of energy exports from the region, lifting US inflation to drive rate traders to position for a Federal Reserve hike this year.
2026-06-11
US Mortgage Rates Ease from 9-Month High
The average rate on a 30-year fixed-mortgage was at 6.48% in the first week of June, easing from the nine-month high of 6.53% in the previous week, according to data compiled by Freddie Mac. The pullback was consistent with the drop in long-term Treasury yields over the period as signs that the US is chasing an agreement with Iran to extend their ceasefire lowered prices of key energy commodities.
2026-06-04
US Mortgage Rate Rises to 9-Month High
The average rate on a 30-year fixed-mortgage inched higher by 2bps from the previous week to 6.53% on the last week of May, according to data compiled by Freddie Mac. It was the highest level in nine months. The jump took place despite the pullback in long-term Treasury yields over the period as signs of progress between the US and Iran in their conflict trimmed soaring inflation concerns, although benchmark borrowing costs remained high.
2026-05-28