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By
June 10, 2026 / 9:49 AM EDT
/ CBS News
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Inflation just jumped to its highest point since April 2023. Here's what that may mean for mortgage interest rates.
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By
June 10, 2026 / 9:49 AM EDT
/ CBS News
Add CBS News on Google

U.S. mortgage rates are staying high – and the Federal Reserve can do little about it

Inflation surpassed 4% for the first time since 2023

US inflation climbs to 4.2% in May as energy prices spiral higher

The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed | Fortune

Inflation is now at its highest level in three years. Here's what that could mean for mortgage interest rates.

With inflation continuing to rise, borrowers need to understand the impact on the mortgage interest rate climate.

Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.

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US mortgage rates reached a nine-month high of 6.65% last week, driven by elevated oil prices and inflation concerns. This surge,…

Want to buy a home or refinance your current one? Here are the mortgage interest rates you'll need to know first.