30-Year Mortgage Rate Rises to 6.55% in Latest FRED Data
The 30-year fixed mortgage rate rose to 6.55% from 6.49% week-over-week, according to FRED data, as housing costs continue straining household budgets nationwide.
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The 30-year fixed mortgage rate rose to 6.55% from 6.49% week-over-week, according to FRED data, as housing costs continue straining household budgets nationwide.
While national wage growth is outpacing home price increases for the first time in years, affordability challenges persist in markets with extreme price-to-income ratios.
Realtor.com's midyear forecast suggests modest sales growth for the remainder of 2026, while HavenScore data shows significant regional variations in market performance.
UWM's collapsed Two Harbors deal reflects broader industry caution as mortgage lenders navigate elevated debt levels while housing affordability deteriorates nationwide.
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