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Average US Long-Term Mortgage Rate Jumps to 6.38 Percent

The increase represents the highest in six months, according to a survey by Freddie Mac.
Average US Long-Term Mortgage Rate Jumps to 6.38 Percent
A for-sale sign near a home in Austin, Texas, on April 24, 2025. Brandon Bell/Getty Images
Kimberly Hayek
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The average rate on the 30-year fixed mortgage climbed to 6.38 percent, according to a survey by Freddie Mac published on March 26.

The rate jumped from 6.22 percent the previous week and now stands at its highest level in more than six months. The 15-year fixed-rate mortgage rose to 5.75 percent from 5.54 percent.

Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.