US mortgage rates are staying high – and the Fed can do very little about it

Investors’ inflation expectations, much more than the central bank, are among the factors that affect the cost of home loans.

By: Michael J. Highfield, Mississippi College; Mississippi State University, The Conversation

Outlets: The Conversation

Published: June 4, 2026

Words: 1,156

Last Updated: 1 month, 2 weeks ago

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By Michael J. Highfield, Mississippi College; Mississippi State University

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 …

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