Average 30-year fixed mortgage rates fell 3 basis points to 6.30% on June 26, 2026, while 5/1 ARM rates dropped 6 basis points.
The average 30-year fixed-rate mortgage declined by 3 basis points to 6.30% on June 26, 2026, according to lender data. The 15-year fixed rate held steady at 5.80%, while the 5/1 adjustable-rate mortgage (ARM) dropped 6 basis points to 6.31%, marking a relatively stable session after recent volatility.
National averages for other mortgage products included a 20-year fixed rate at 6.00% and a 7/1 ARM at 6.54%. Refinance rates followed a similar pattern, with the 30-year fixed refinance rate at 6.24% and the 15-year fixed refinance rate at 5.77%. VA loan rates remained slightly lower, with the 30-year VA rate at 5.84%.
The modest movements suggest cautious market sentiment heading into the weekend, with no significant shifts in borrowing costs for homebuyers or refinancers.