(CNN)– Some house hunters may want to put their searches on hold for a little longer. Mortgage rates are still on the rise. According to Freddie Mac, the average rate for a standard 30-year fixed mortgage is nearly 7%. This is the 4th straight weekly increase, and the highest rate since May 2024. Many economists say they expect mortgage rates will stay above 6% through 2026. Categories: News Tags: U.S. economy