AI Data Insight
The latest data for Q2 2026 shows that the US 30-year fixed mortgage rate climbed to 6.46%, continuing its upward trend from 6.38% in the previous quarter. This was primarily driven by geopolitical tensions in the Middle East, which pushed up oil prices and inflation expectations, leading to an increase in the 10-year Treasury yield and subsequently dampening loan demand during the traditional spring home-buying season.