Mortgage Rates Edge Close to 2026 Peak, Inflation Holds Pressure on U.S. Housing

Mortgage rates in the U.S. edged up again this week, moving closer to their highs from 2026. That’s more pressure for buyers dealing with high prices, persistent inflation, and few signs that the Federal Reserve is ready to cut rates. Freddie Mac on Thursday put the average 30-year fixed at 6.52% for the week ending June 11, versus 6.48% the week before. That’s just under the 6.53% seen two weeks back.