Mortgage Rates Increased in June as Markets Weigh Inflation and Fed Policy
The 30-year fixed-rate mortgage averaged 6.49% in June 2026, up 8 basis points from May and 44 basis points since late February, while the 15-year rate averaged 5.82%, driven by market pricing of potential Federal Reserve rate hikes due to persistent inflation and a resilient labor market. The 10-year Treasury yield averaged 4.48% in June but eased later in the month to around 4.44% following a preliminary U.S.-Iran agreement that temporarily reopened the Strait of Hormuz for commercial shipping.
Published by NAHB — Eye on Housing. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- NAHB — Eye on Housing
- Obtained from
- NAHB — Eye on Housing
- Published
- Jul 3, 2026
- Last updated
- Jul 3, 2026 (1 month ago)
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