mortgage rates

Freddie Mac

2026-09-10 16:14:40

U.S. mortgage rate rises to 6.76%, highest since June 2025

Freddie Mac said U.S. mortgage rates climbed to 6.76%, reaching their highest level since June 2025. The update was carried by ChainCatcher as a 7X24 H news flash. No additional figures or context were provided in the source beyond the reported rate and the time reference. The report attributes the data directly to Freddie Mac.

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Mortgage Rate

2026-08-14 04:49:17

US and European Mortgage Rates Climb as Iran Conflict Fuels Inflation Fears

BlockBeats reported on August 14 that the average rate on a 30-year fixed mortgage in the US climbed to 6.67% this week, the highest in more than a year. The latest reading compares with 6.43% in early July and 5.98% before the outbreak of the Iran-US war. A rise in 10-year US Treasury yields is among the main factors behind the increase. For a typical American home, the average monthly mortgage payment has risen by nearly $150 compared with the beginning of the year. Across the Atlantic, UK five-year fixed mortgage rates averaged 5.66% in July, marking the first monthly climb since April. Germany's 10-year fixed mortgage rate rose from 3.3% at the start of July to 3.7% this week, and France's 10-year fixed rate increased from 3.02% in June to 3.15% in July. Market participants tie the trend to the Iran-US conflict, which has lifted oil and energy prices, revived concerns about an inflation rebound, and pushed up funding costs such as Treasury yields and UK swap rates. The higher rate environment is dampening property transactions across the US and Europe. The 'low-rate lock-in effect' remains visible in the US, while agreed home sales in the UK fell almost 10% year on year in July.

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Federal Reser

2026-08-12 06:28:04

Chicago Fed President Austan Goolsbee Explains the Fed’s Role, Rates, Inflation and Why Stocks Don’t Equal the Economy

Chicago Federal Reserve Bank President Austan Goolsbee used a recent Wired appearance to answer a broad set of public questions about the U.S. economy and the Federal Reserve’s role in it. His remarks covered the Fed’s dual mandate, how interest-rate decisions are made, why the central bank targets inflation near 2%, and why he does not view a return to the gold standard as a good option. Goolsbee said the Fed is an independent institution within the U.S. government and that its core job is to balance maximum employment with price stability, not simply print money. He also walked through how policymakers gather regional business feedback before meetings, how the Beige Book is used, and why labor-market data, consumer spending and productivity matter more than stock prices alone when judging economic health. On housing, he said home prices have been pushed up by long-term structural trends and limited supply, while mortgage rates are not directly set by the Fed and depend on market conditions and borrower credit. Goolsbee also discussed why recent stock gains can reflect optimism about future profits, including excitement around artificial intelligence, and outlined several ways the public can identify counterfeit U.S. dollars.

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mortgage rate

2026-08-06 00:42:39

US 30-Year Mortgage Rate Hits 6.81% Annual High, Applications Slip 6.4%

According to CryptoBriefing, the average rate on a 30-year fixed-rate U.S. mortgage has climbed to 6.81%, which marks the highest level reached so far this year. In the same weekly reading, total mortgage application volume declined by 6.4%. Refinancing activity also moved lower, falling 10% for the week. Most homeowners who locked in mortgage rates below 5% between 2020 and 2022 now have little incentive to refinance, given that current rates are higher. The report also covers a crypto mortgage pilot from Coinbase and Better Home. In that pilot, borrowers are allowed to pledge digital assets as collateral for a down payment. The interest rate on the pilot product comes in 0.5 to 1.5 percentage points above a standard mortgage. That higher rate partly offsets the benefit of avoiding capital gains tax on digital assets. Overall, the pilot has not yet had any significant impact on broader mortgage trends, according to the report.

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Federal Reser

2026-07-09 16:39:13

Powell Says US Housing Needs a Difficult Correction to Restore Affordability

Fed Chair Jerome Powell said a difficult housing correction could help bring the US market back into balance. After a third straight 75-basis-point rate hike, the average 30-year fixed mortgage rate climbed to 6.55%, adding pressure to home prices and sales.

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