Category bonds

US Mortgage Rates Hit 9-Month High at 6.53%

Freddie Mac data shows 30-year fixed mortgage rates rise 30 basis points in five weeks, dampening borrower demand and refinancing activity. The average 30-year fixed-rate mortgage climbed to 6.53% for the week ending May 28, marking its highest level since August 2025. The

US Mortgage Rates Hit 9-Month High at 6.53%

Freddie Mac data shows 30-year fixed mortgage rates rise 30 basis points in five weeks, dampening borrower demand and refinancing activity. The average 30-year fixed-rate mortgage climbed to 6.53% for the week ending May 28, marking its highest level since August 2025. The