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U.S. Mortgage Rates Hold Near 6.2% as Refinance Demand Stays Subdued
Economy Daniel Marsh

U.S. Mortgage Rates Hold Near 6.2% as Refinance Demand Stays Subdued

Average 30-year fixed mortgage rates remain elevated around 6.2%, with refinance activity limited as rates stay above key psychological thresholds. High home prices continue to pressure affordability despite recent declines from peaks.

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Mortgage Rates Hold Near 6% Threshold, Squeezing Spring Homebuyers
Economy Daniel Marsh

Mortgage Rates Hold Near 6% Threshold, Squeezing Spring Homebuyers

U.S. mortgage rates remain anchored near 6%, with the 30-year fixed averaging 6.11% according to Freddie Mac. Refinance rates continue to outpace purchase rates, limiting options for homeowners.

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