Mortgage rates for week of Jun. 5, 2026
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Mortgage calculator: Here’s how much you need to buy a $415K home at a 6.48% rate
Last week, mortgage rates were at their highest in nine months. Thankfully, there was a dip this week, though only slightly.
Keeping up-to-date on mortgage rate trends can help you spot opportunities to lock in a better rate and provide a useful benchmark when comparing lenders. Because mortgage rates change daily — sometime even multiple times a day — it’s worth comparing and tracking mortgage rates regularly to stay on top of recent changes in the mortgage rate and where rates stand today.
The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate rose to 6.
Adjustable-rate mortgages (ARMs) often start with lower interest rates than 30-year fixed mortgages, reducing initial monthly payments. Borrowers w
Turmoil in the bond market, fueled by the war with Iran, is sending US mortgage rates higher and threatening to make buying a home even more expensive.