The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less increased to 6.6% in the week ended June 5th 2026 from 6.57% in the previous period. “Mortgage rates were volatile last week as news from the Middle East continues to drive markets. While the average rate was up slightly, there were opportunities where borrowers were seeing somewhat lower rates”, according to Mike Fratantoni, MBA’s SVP. Meanwhile, mortgage applications soared 10.8%, the first rise in four weeks and the biggest since the last week of February. Applications to refinance a home loan rose 15% and applications for a mortgage to purchase a home went up 7%. source: Mortgage Bankers Association of America
Fixed 30-year mortgage rates in the United States averaged 6.60 percent in the week ending June 5 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 6.60 percent in the week ending June 5 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.