Econostrum on MSN

The Fed cut rates twice, so why is your mortgage more expensive?

That marks a clear rise from February 2026, when the same rate had slipped to around 6%. With the Federal Reserve having ...

U.S. Mortgage Rates Are Staying High – And the Fed Can Do Very Little About It

U.S. homebuyers can't get a break. The 30-year mortgage rate has been stuck at recent highs well above 6 percent and now averages 6.48 percent, according to the data released on June 4, 2026, by ...