What are today's mortgage interest rates: May 6, 2026?
Summary
Mortgage interest rates in May 2026 are lower than they were in previous years but slightly higher than in recent weeks. As of May 6, 2026, the average rate for a 30-year mortgage is 6.37%, and for a 15-year mortgage, it is 5.87%, according to Zillow.Key Facts
- The 30-year mortgage average rate on May 6, 2026, is 6.37%.
- The 15-year mortgage average rate on May 6, 2026, is 5.87%.
- The 30-year mortgage refinance rate is 6.72% as of May 6, 2026.
- The 15-year refinance rate is 5.81% as of May 6, 2026.
- Rates are lower than those recorded in May 2024 and May 2025.
- Mortgage rates were below 6% in mid-April 2026, which is lower than current rates.
- Borrowers can save money by shopping around for the best mortgage rates and lenders online.
- Online tools make it easier to compare rates, terms, and closing costs from different lenders.
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