
Top-tier 30-year fixed mortgage rates have moved back above 6.5% for the average lender, the highest level since early September 2025 after dipping below 6% in late February. This move continues a sharp march higher in rates during March that has already shown up in daily rate indexes over the past several days. Because mortgage pricing closely follows bond-market moves, the rebound further squeezes buyer affordability and adds uncertainty to the spring housing market.
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