The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less rose to 6.65% in the week ending May 22, 2026, from 6.56% the prior week, the highest level since August 2025, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Rates increased for the fifth consecutive week, tracking higher Treasury yields amid persistent inflation concerns from elevated fuel costs and rising global public debt, prompting investors to rule out Fed rate cuts and price in a potential hike by year-end. Consequently, mortgage applications dropped 8.5%, the sharpest decline in nearly two months, with refinance applications plummeting 18.1% and purchase applications slipping 0.4%. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.65 percent in the week ending May 22 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 June of 2026.

Fixed 30-year mortgage rates in the United States averaged 6.65 percent in the week ending May 22 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
2026-05-20 11:00 AM
MBA 30-Year Mortgage Rate
May/15 6.56% 6.46%
2026-05-27 11:00 AM
MBA 30-Year Mortgage Rate
May/22 6.65% 6.56%
2026-06-03 11:00 AM
MBA 30-Year Mortgage Rate
May/29 6.65%


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.87 5.85 percent May 2026
30-Year Mortgage Rate 6.53 6.51 percent May 2026
Average Mortgage Size 381.94 383.57 Thousand USD Mar 2026
MBA Mortgage Market Index 259.40 283.50 points May 2026
MBA Mortgage Refinance Index 753.70 920.20 points May 2026
MBA Purchase Index 169.70 170.40 points May 2026
MBA Mortgage Applications -8.50 -2.30 percent May 2026
MBA 30-Year Mortgage Rate 6.65 6.56 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
6.65 6.56 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US 30-Year Mortgage Rates Jump to Nine-Month High
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less rose to 6.65% in the week ending May 22, 2026, from 6.56% the prior week, the highest level since August 2025, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Rates increased for the fifth consecutive week, tracking higher Treasury yields amid persistent inflation concerns from elevated fuel costs and rising global public debt, prompting investors to rule out Fed rate cuts and price in a potential hike by year-end. Consequently, mortgage applications dropped 8.5%, the sharpest decline in nearly two months, with refinance applications plummeting 18.1% and purchase applications slipping 0.4%.
2026-05-27
Mortgage Rates in the US Continue to Rise: MBA
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less jumped by 10bps to 6.56% in the week ending May 15th, 2026, from 6.46% the previous period and reaching its highest level in seven weeks, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Mortgage rates went up for a fourth consecutive week, tracking Treasury yields higher amid “ongoing concerns around inflation from higher fuel costs combined with rising concerns over global public debt” said Joel Kan, an MBA economist. As a result, mortgage applications declined 2.3%, reversing a 1.7% rise in the previous period, with applications to purchase a home slumping 4.1% and those to refinance a home loan edging down 0.1%. “Overall applications were down to the lowest level in five weeks as purchase borrowers pulled back across conventional and government loan types,” added Kan.
2026-05-20
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