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War & Conflict3h 46m ago

The average long-term U.S. mortgage rate ticked up this week to 6.52% from 6.48% last week, just below its high for the year.

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U.S.

Who
Freddie Mac, ALEX VEIGA (AP Business Writer)
What
The average long-term U.S. mortgage rate ticked up this week to 6.52% from 6.48% last week, just below its high for the year.
When
Thu, 11 Jun 2026 16:09:25 GMT · 3h 46m ago
Where
U.S. ·
Why
Mortgage rates are elevated due to higher oil prices and expectations of sustained inflation, influenced by the conflict between the U.S. and Iran disrupting crude oil flow.
The Frontline Impact

How this affects you

Increased mortgage rates add hundreds of dollars monthly to borrower costs, thereby reducing purchasing power and making homeownership less accessible for many Americans. The ongoing conflict between the U.S. and Iran is a significant factor in these economic shifts.

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  1. War & Conflict3h 46m ago
    The average long-term U.S. mortgage rate ticked up this week to 6.52% from 6.48% last week.
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  2. Currently Reading3h 46m ago
    The average long-term U.S. mortgage rate ticked up this week to 6.52% from 6.48% last week, just below its high for the year.

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