US mortgage rates ease to 6.48%, slips from from nine-month high

Jun 7, 2026 - 22:30
US mortgage rates ease to 6.48%, slips from from nine-month high

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The average rate for a 30-year fixed mortgage eased to 6.48% last week, offering slight relief to homebuyers. This decline follows a recent climb to a nine-month high, influenced by inflation concerns and elevated oil prices. Despite the dip, rates remain higher than earlier this year, continuing to impact the challenging housing market.

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