Mortgage rates reach new high for 2026

(CNN)– The average 30-year fixed mortgage rate is the highest it’s been since June of last year.

Freddie Mac say it rose to 6.76% this week.

That’s up from 6.35% a year ago.

Mortgage rates often move with the 10-year treasury yield.

That number’s the highest it’s been since late 2023, signaling investors are worried about inflation.