US Mortgage Rates Hold Rebound: Freddie Mac

2026-05-14 16:24 By Andre Joaquim 1 min. read

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.



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