Mortgage Rates Increase Further as Inflation Remains Elevated
The 30-year fixed-rate mortgage averaged 6.41% in May 2026, up 7 basis points from April and 36 basis points since the Middle East conflict began, while the 15-year rate averaged 5.76%, also up 7 basis points monthly as elevated inflation and rising energy prices pushed the 10-year Treasury yield to 4.47%. Persistently high inflation strained household budgets, causing the personal saving rate to fall to 2.6% in April, the lowest level since June 2022.
Published by NAHB — Eye on Housing. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- NAHB — Eye on Housing
- Obtained from
- NAHB — Eye on Housing
- Published
- Jun 4, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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