Mortgage interest rates in the United States have continued to climb for the fourth week in a row, reaching their highest level in the past six months. According to data released on Thursday by Freddie Mac, the average 30-year fixed mortgage rate increased to 6.38%. This marks the highest level since September 2025, compared to 6.22% in the previous week.
As the spring season approaches—typically a period of strong activity in the real estate market—the rise in borrowing costs has contributed to growing hesitation among prospective homebuyers. This comes alongside increasing concerns about rising fuel and food prices, as well as mounting anxiety over the potential impact of artificial intelligence on job opportunities.
