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US Mortgage Rates Jump to 6.3% With First Increase in a Month
Posted
May 1, 2026
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5:49Now PlayingUS mortgage rates rose for the first time in a month, with the key spring selling season slow to gain momentum. The average rate for 30-year, fixed loans increased to 6.3% from 6.23% last week, Freddie Mac reported Thursday.
Odeta Kushi, Deputy Chief Economist at First American, discusses affordability in the market as inflation fears continue to weigh on homeowners and homebuyers.
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