Mortgage Rates Inch Higher as Housing Activity Picks Up

“The 30-year fixed-rate mortgage returned to last month’s level of 6.11%,” said Sam Khater, Freddie Mac’s Chief Economist. “Despite the modest uptick, buyers are responding to rates in this range, with existing-home sales increasing 1.7% in February. Purchase applications also increased this week, a welcome sign as buyers enter spring homebuying season with rates down more than half a percentage point compared to the same time last year.” News Facts The 30-year FRM averaged 6.11% as of March 12, 2026, up from last week when it averaged 6.00%. A year ago at this time, the 30-year FRM averaged 6.65%. The 15-year FRM averaged 5.50%, up from last week when it averaged 5.43%. A year ago at this time, the 15-year FRM averaged 5.80%. Houses that are priced, presented & marketed correctly are selling fast. Let my 35+ years of Real Estate experience in Las Vegas work for you. 702-378-705 The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Very Vintage Vegas does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due…
Source: vintage lv

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