BUSINESSJun 3 · 15:56 UTCWTOP DCWTOP Staff

Today’s Mortgage Rates Increase: June 3, 2026

Today’s 30-year mortgage purchase rate rose to 6.586%, up from 6.577% the previous day, with experts predicting rates will remain above 6% for the 30-year term. The increase is linked to higher oil prices due to the U.S. war in Iran, which has driven inflation to 3.8% annually, the highest since May 2023.

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ZilloworganizationU.S. NewsorganizationMortgage Bankers AssociationorganizationBob BroeksmitpersonU.S. war in IrantopicFreddie Macorganizationoil pricestopicinflationtopic

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