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Mortgage rates jump to highest level since March on hotter inflation reports

By CNBC May 13, 2026 Neutral
Mortgage rates jump to highest level since March on hotter inflation reports
The average rate on the popular 30-year fixed mortgage rose Wednesday to 6.57% It is now 15 basis points higher than last Friday.
The average rate on the popular 30-year fixed mortgage rose Wednesday to 6.57% It is now 15 basis points higher than last Friday.