Mortgage Rates are Hovering at Their Highest Point Since Last August

Quartz, May 29, 2026-Colleen Cabili
Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.53% in the week ending May 28, up from 6.51% the prior week and the highest level since Aug. 2025. The 15-year fixed-rate mortgage averaged 5.87%, up from 5.85% a week earlier.
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