Zillow reports 30-year mortgage rates at 6.37% and refinance rates at 6.51%
Updated
Updated · CBS New York · May 1
Zillow reports 30-year mortgage rates at 6.37% and refinance rates at 6.51%
10 articles · Updated · CBS New York · May 1
It also put average 15-year purchase rates at 5.75% and 15-year refinance rates at 5.63% on 1 May 2026.
After April volatility and this week's Fed decision, the report said May has no scheduled Fed meeting, potentially reducing one source of market swings.
Zillow said overseas conflicts have also pushed rates higher, and advised borrowers who can afford current terms to consider locking rates rather than waiting for uncertain declines.
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