AI Data Insight
The latest data shows that in the first quarter of 2026 (the week of March 12), the US 30-year fixed mortgage rate climbed to 6.11% from the previous value of 6.00%. Although the rate interrupted its recent downward trend, bolstered by the peak spring season, existing home sales and home purchase applications still bucked the trend and rose. Looking ahead, influenced by geopolitics and inflation data, mortgage rates are expected to remain elevated and volatile in the short term.