Mortgage Rates Decline Slightly

30-year fixed rate falls 3 basis points to 6.33% The current 30-year fixed rate decreased by 3 basis points to 6.33% on May 31, 2026. The 15-year fixed rate remained unchanged at 5.79%, while the 5/1 ARM rose by 24 basis points to 6.45%. The 5/1 ARM rates have sh

30-year fixed rate falls 3 basis points to 6.33%

The current 30-year fixed rate decreased by 3 basis points to 6.33% on May 31, 2026.

The 15-year fixed rate remained unchanged at 5.79%, while the 5/1 ARM rose by 24 basis points to 6.45%.

The 5/1 ARM rates have shown significant daily volatility over the last few weeks, with national averages rounded to the nearest hundredth.

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