Back to today’s briefing

Story perspectives

Mortgage Rates Rise, Complicating Spring Homebuying Season

3/24/2026

50 9 Full Breakdown

Summary

Story summary

Mortgage rates have risen recently, complicating the spring homebuying season for borrowers.
The Federal Reserve's pause on rate cuts has kept rates elevated, with the 30-year at 6.37% and the 15-year at 5.87%.
Monthly payments for a $600,000 mortgage have risen by about $195 for a 30-year loan and $160 for a 15-year loan.
Buyers should lock in current rates to avoid increases.

1 of 1

Story summary

Mortgage rates have risen recently, complicating the spring homebuying season for borrowers.
The Federal Reserve's pause on rate cuts has kept rates elevated, with the 30-year at 6.37% and the 15-year at 5.87%.
Monthly payments for a $600,000 mortgage have risen by about $195 for a 30-year loan and $160 for a 15-year loan.
Buyers should lock in current rates to avoid increases.