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The Independent UK
The Independent UK
National
Alex Veiga

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

United States Freddie Mac Housing Market Iran
Home Sales - (Copyright 2026 The Associated Press. All rights reserved)

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season.

The benchmark 30-year fixed rate mortgage rate rose to 6.3% from 6.23% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from one year ago, when the rate averaged 6.76%.

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