Mortgage interest rates in the United States rose slightly for the first time in a month, indicating the potential for continued improvement in buyers’ ability to afford homeownership.
The average 30-year fixed mortgage rate reached 6.16% this week, compared to 6.15% the previous week, according to data released today, Thursday, by Freddie Mac.
Last week’s rate marked the lowest level since October 2024, following a period of stagnation in the U.S. housing market due to higher interest rates.
Mortgage rates had declined by the end of 2025 compared to their average levels at the start of the same year, and housing supply had increased, helping to curb price rises. Despite this, buyers remain hesitant due to the high cost burdens.
