Updated
Updated · abcnews.com · Apr 30
US 30-year mortgage rate rises to 6.3%, ending three-week slide
Updated
Updated · abcnews.com · Apr 30

US 30-year mortgage rate rises to 6.3%, ending three-week slide

14 articles · Updated · abcnews.com · Apr 30
  • Freddie Mac said the 15-year fixed rate also rose to 5.64% from 5.58%, while the 30-year rate remained below 6.76% a year earlier.
  • The increase followed a rise in the 10-year Treasury yield to 4.39% from 4.34%, as the Federal Reserve held rates and Middle East conflict fuelled energy-driven inflation concerns.
  • Rate volatility is clouding the spring homebuying season in a housing market already sluggish since 2022, with existing-home sales flat last year at a 30-year low and weaker early in 2026.
Are high mortgage rates creating a permanent 'lock-in' effect for American homeowners?
Can the Fed's rate pause tame inflation fueled by global conflicts and soaring energy costs?
Will the new Fed Chair's plan for rate cuts clash with the reality of persistent inflation?