Mortgage and refinance interest rates today, March 27, 2026: Even 15-year loans are close to 6%

What: Mortgage interest rates have risen to near 6% for 15-year loans.
Why: The Federal Reserve's recent rate hikes have led to higher borrowing costs.
Signal: A 6% interest rate on a 15-year loan indicates a significant increase from previous years.
Target: Homebuyers may need to adjust their budget expectations, with monthly payments increasing by up to **$300**.
Risk: Rising interest rates may deter some buyers, potentially cooling the housing market.