Average US Long-Term Mortgage Rate Jumps to 6.38 Percent

US NewsThe increase represents the highest in six months, according to a survey by Freddie Mac.A for-sale sign near a home in Austin, Texas, on April 24, 2025. Brandon Bell/Getty ImagesKimberly Hayek3/27/2026|Updated: 3/27/20260:00The average rate on the 30-year fixed mortgage climbed to 6.38 percent, according to a survey by Freddie Mac published on March 26.The rate jumped from 6.22 percent the previous week and now stands at its highest level in more than six months. The 15-year fixed-rate mortgage rose to 5.75 percent from 5.54 percent.