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% 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 […]

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