U.S. 30-Year Fixed Mortgage Rate Rises to 6.36% on May 29, 2026

The average rate on a 30-year fixed-rate mortgage in the United States rose two basis points to 6.36% on Friday, May 29, 2026, according to the Zillow lender marketplace, as borrowing costs ticked higher for a second consecutive day. The 20-year fixed rate advanced three basis points to 6.29%, while the 15-year fixed loan increased two basis points to 5.97%. The moves extend a pattern of modest day-to-day swings. Separate data from Freddie Mac showed the average 30-year mortgage rate at 6.53% through Wednesday, up from 6.51% a week earlier. A year ago, the rate stood at 6.89%. The Mortgage Bankers Association forecasts the 30-year fixed rate will remain between 6.4% and 6.5% through 2026, then hold at 6.5% for all of 2027. Fannie Mae projects a slightly lower path, expecting rates to average 6.3% through year-end 2026 and between 6.2% and 6.3% in 2027.