Mortgage rates hit 2026 high as peak homebuying season begins

Spring Homebuying Season in Jeopardy as US Mortgage Rates Hit 3-Month High

WASHINGTON,MARCH 20,2026 — For millions of Americans sitting on the housing sidelines, February 26, 2026 felt like a turning point. That was the day the average 30-year fixed mortgage rate slipped to 5.98% — its first reading below 6% since late 2022 and a milestone that real estate economists had long said could unlock a […] The post Spring Homebuying Season in Jeopardy as US Mortgage Rates Hit 3-Month High appeared first on CCE l ONLINE NEWS.

Mortgage rates hit 2026 high as peak homebuying season begins

Concerns about inflation and the wider U.S. economy are driving up mortgage rates as the housing market embarks on what is typically its busiest time of year.