30-Year U.S. Mortgage Rate Holds at 6.46% as Treasury Yields and Inflation Keep Pressure On
Updated
Updated · Norada Real Estate Investments · May 27
30-Year U.S. Mortgage Rate Holds at 6.46% as Treasury Yields and Inflation Keep Pressure On
7 articles · Updated · Norada Real Estate Investments · May 27
Zillow put the average 30-year fixed purchase mortgage at 6.46% on May 27, with 15-year fixed loans at 5.77% and 5-year ARMs at 6.45%.
Sticky inflation, swings in the 10-year Treasury yield and the Federal Reserve's higher-for-longer stance are keeping borrowing costs volatile and elevated.
Refinancing remained pricier, with 30-year fixed refi rates around 6.62%, 15-year refis at 5.81% and 5-year ARM refis at 7.38%.
Fannie Mae and the Mortgage Bankers Association still expect only a modest easing later in 2026, with 30-year rates averaging roughly 6.0% to 6.5% for the rest of the year.
With conflicting forecasts, could Middle East tensions push 2026 mortgage rates even higher?
Are permanent rate buydowns a smart investment or a costly gamble in today's volatile market?
As a new Fed chair takes over, will the fight against inflation sideline hopes for rate cuts?