3 mortgage interest rate mistakes to avoid this June
Borrowers should be cautious of mortgage interest rate mistakes this June. With various economic indicators and a Federal Reserve meeting approaching, rates could fluctuate significantly. Understanding these potential pitfalls can help homebuyers and those refinancing make informed decisions.
- ▪Mortgage interest rates have increased by about half a percentage point since mid-April.
- ▪Borrowers should not assume that a Federal Reserve rate pause will prevent mortgage rates from rising.
- ▪Geopolitical tensions and rising oil prices are additional factors that could influence mortgage rates this month.
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MoneyWatch: Managing Your Money 3 mortgage interest rate mistakes to avoid this June We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson June 3, 2026 / 2:19 PM EDT / CBS News Add CBS News on Google Borrowers need to know which mortgage rate mistakes to protect themselves from this June.
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