The average rate on a 30-year fixed-mortgage was at 6.36% as of May 14th, one basis point below the one-month high in the previous week to hold most of the rebound since the start of the year. Mortgage rates tracked the increase in long-dated Treasury yields during the period as a surge in energy prices placed inflationary risks on the upside, potentially warranting a hawkish Federal Reserve. “While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up.” said Sam Khater, Freddie Mac’s Chief Economist. source: Freddie Mac
30 Year Mortgage Rate in the United States decreased to 6.36 percent in May 14 from 6.37 percent in the previous week. 30 Year Mortgage Rate in the United States averaged 7.69 percent from 1971 until 2026, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate. United States 30-Year Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.