The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less rose slightly to 6.46% in the week ending May 8, 2026, up from 6.45% the previous week and reaching its highest level since early April, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Rates remained elevated as Treasury yields stayed high due to stalled US-Iran negotiations and persistent inflation concerns, which increased bets on a Federal Reserve rate hike later this year or early in 2027. Despite the high rates, total mortgage application volume climbed 1.7%, marking the first weekly increase after two consecutive declines, driven by a 3.9% rebound in purchase applications. However, refinance demand continued to decline, dropping by 0.8%. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.46 percent in the week ending May 8 of 2026. Mortgage Rate in the United States averaged 6.08 percent from 1990 until 2026, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States MBA 30-Yr Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Fixed 30-year mortgage rates in the United States averaged 6.46 percent in the week ending May 8 of 2026. Mortgage Rate in the United States is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States MBA 30-Yr Mortgage Rate is projected to trend around 5.80 percent in 2027 and 5.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-06 11:00 AM
MBA 30-Year Mortgage Rate
May/01 6.45% 6.37%
2026-05-13 11:00 AM
MBA 30-Year Mortgage Rate
May/08 6.46% 6.45%
2026-05-20 11:00 AM
MBA 30-Year Mortgage Rate
May/15 6.46%


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.72 5.64 percent May 2026
30-Year Mortgage Rate 6.37 6.30 percent May 2026
Average Mortgage Size 385.51 380.61 Thousand USD Jan 2026
MBA Mortgage Market Index 290.10 285.30 points May 2026
MBA Mortgage Refinance Index 921.10 928.60 points May 2026
MBA Purchase Index 177.70 171.10 points May 2026
MBA Mortgage Applications 1.70 -4.40 percent May 2026
MBA 30-Year Mortgage Rate 6.46 6.45 percent May 2026


United States MBA 30-Yr Mortgage Rate
MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.
Actual Previous Highest Lowest Dates Unit Frequency
6.46 6.45 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US Mortgage Rates Tick Up to Five-Week High
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less rose slightly to 6.46% in the week ending May 8, 2026, up from 6.45% the previous week and reaching its highest level since early April, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Rates remained elevated as Treasury yields stayed high due to stalled US-Iran negotiations and persistent inflation concerns, which increased bets on a Federal Reserve rate hike later this year or early in 2027. Despite the high rates, total mortgage application volume climbed 1.7%, marking the first weekly increase after two consecutive declines, driven by a 3.9% rebound in purchase applications. However, refinance demand continued to decline, dropping by 0.8%.
2026-05-13
US Mortgage Rates Rise for Second Week
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less edged up to 6.45% in the week ending May 1, 2026, from 6.37% the previous week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. The increase tracked a rise in Treasury yields amid elevated geopolitical uncertainties and stalled US-Iran negotiations, as soaring energy prices fueled bets of a Fed hike this year. As a result, total mortgage application volume fell 4.4%, marking the second consecutive weekly decline. Refinance demand dropped 5.0%, while applications to purchase a home decreased by 3.7%.
2026-05-06
US Mortgage Rates Edge Up in Latest Week: MBA
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less edged up to 6.37% in the week ended April 24th 2026 from 6.35% in the previous period, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. The increase broadly mirrored a slight rise in Treasury yields. As a result, total mortgage application volume fell 1.6%, with refinance demand sinking 4.4% while applications to purchase a home rose 1.2%. “After a brief pause, in part because of the elevated geopolitical uncertainties, potential homebuyers certainly appear to be moving forward this spring and taking advantage of the more favorable inventory conditions in most parts of the country,” said Mike Fratantoni, MBA’s chief economist.
2026-04-29