Mortgage rates today: Why are they rising right now? 30-Year mortgage rates increase to 6.49%: When will rates fall?

Mortgage rate today: 30-year mortgage rates increase to 6.49% on March 26, 2026. This fresh data signals rising borrowing costs across the housing market. The sharp weekly jump of 0.18% reflects growing pressure from inflation and higher Treasury yields. Homebuyers now face tighter affordability and higher monthly payments. Mortgage refinance rates also climbed to 6.69%, reducing savings opportunities. Experts link this trend to rising oil prices and global uncertainty. The Federal Reserve pause has not stopped the surge.