Bob Broeksmit
Coverage of Bob Broeksmit in the Nexus archive.
- 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.
- Today’s Mortgage Rates Decrease: June 1, 2026
Today’s 30-year mortgage purchase rate decreased to 6.537% on June 1, 2026, down from 6.591% the previous day. Refinance rates for 30-year mortgages are 6.632%, with 15-year rates at 5.679%. Experts attribute recent rate fluctuations to rising oil prices due to the U.S. war in Iran and inflationary pressures, with expectations of rates remaining above 6% for the 30-year term in the near future.