US Mortgage Rates Surge, Pressuring Housing Market

US Mortgage Rates Surge, Pressuring Housing Market

Mortgage rates in the United States are climbing, adding pressure to an already challenged housing market. According to Mortgage News Daily, the average rate for a 30-year fixed mortgage reached 6.41% as of March 13, 2026, the highest level since the week of September 1, 2025. However, this remains below the 6.78% recorded during the … Read more