U.S. mortgage rates are staying high — and the Fed can do very little about it

By: Michael Highfield

Outlets: Kansas Reflector

Published: June 6, 2026

Words: 1,102

Last Updated: 5 days, 19 hours ago

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U.S. homebuyers can’t get a break.

The 30-year mortgage rate has been stuck at recent highs well above 6% and now averages 6.48%, according to the data released on June 4, 2026, by Freddie Mac, which bundles and sells home loans. That marks another blow for Americans hoping to buy a home or refinance their current mortgage that had been locked in at similarly steep rates. It’s also a sharp jump since February 2026, …

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