30-year fixed rate falls 12 basis points to 6.34%
The current 30-year fixed mortgage rate has decreased by 12 basis points to 6.34%.
The 15-year fixed rate and the 5/1 ARM have also fallen, by 7 basis points to 5.90% and 19 basis points to 6.29%, respectively.
These changes are based on the latest data available as of May 23, 2026.