June 18, 2026 The 30-year fixed-rate mortgage decreased this week averaging 6.47%. Incoming data continues to reflect a resilient consumer, with retail sales improving and pending home sales strengthening, suggesting purchase demand is continuing to modestly improve. The 30-year fixed-rate … Continue reading
Mortgage Rates Average 6.52%
June 11, 2026 The 30-year fixed-rate mortgage averaged 6.52% this week. Stronger employment momentum has helped existing home sales reach a five-month high. Importantly, homebuyers are looking past the short-term rate fluctuations and actively entering the market, signaling renewed confidence … Continue reading
Mortgage Rates Decrease to 6.48%
June 4, 2026 The 30-year fixed-rate mortgage decreased to 6.48% this week. With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving. The 30-year fixed-rate mortgage averaged 6.48% as of June … Continue reading
Mortgage Rates Average 6.53%
May 28, 2026 The 30-year fixed-rate mortgage averaged 6.53% this week. Pending home sales have increased three months in a row, indicating there’s latent demand and homebuyers are ready to jump back into the market if mortgage rates decline. The … Continue reading
Mortgage Rates Average 6.51%
May 21, 2026 The 30-year fixed-rate mortgage averaged 6.51% this week. As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands. The 30-year fixed-rate mortgage … Continue reading
Mortgage Rates Inch Down
May 14, 2026 Mortgage rates ticked down this week, averaging 6.36%. While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up. The 30-year fixed-rate mortgage averaged 6.36% as of … Continue reading
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Mortgage Rates Rise for the Sixth Consecutive Week
The uncertainty and volatility in financial markets is heavily impacting mortgage rates. Our survey indicates that the range of weekly rate quotes for the 30-year fixed-rate mortgage has more than doubled over the last year. This means that for the typical mortgage amount, a borrower who locked-in at the higher end of the range would
