Mortgage rates hold near 6.2%–6.9% in March as inflation keeps pressure on homebuyers

Borrowing costs remain elevated nationwide, shaping affordability and slowing buyer activity.

WASHINGTON, D.C. – Mortgage rates in the United States are holding within a narrow but elevated range as of Friday, with 30-year fixed loans averaging between 6.2% and 6.9%, reflecting continued pressure from inflation and financial market volatility. The sustained higher rates are influencing affordability for bu...