6.49 mortgage rate rise
Mortgage Rates Keep Rising, Exposing Hidden Home‑buying Costs
In June 2026, the average 30-year fixed mortgage rate climbed to 6.49%, adding hidden costs for homebuyers. This rise follows a mix of inflation pressure, Fed policy shifts, and tighter lender competition, leaving first-time buyers with steeper monthly bills. When I first tracked the market in early 2024, the