All loan types — purchase rates
* $400K loan · principal + interest only · † $1M loan · Source: Zillow · June 10, 2026
30-year fixed — rate trend 2026
📰 Why rates moved today
CPI hit 3.8% — highest since May 2023 — pushing 30-yr to a 6-week high
Oil above $101/barrel from the Middle East conflict is feeding inflation across transportation and manufacturing. For a $400K loan, today's rate runs roughly $28/month higher than four weeks ago.
🔭 Rate outlook
MBA forecasts the 30-year near 6.30% through 2026. Most analysts expect gradual easing if inflation cools in Q3.
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