What are today's mortgage interest rates: May 21, 2026?
Mortgage interest rates have increased as of May 21, 2026, affecting both homebuyers and those looking to refinance. The average rate for a 30-year mortgage is now 6.62%, while the refinance rate for the same term is 6.87%. Borrowers are encouraged to explore their options and consider locking in current rates to avoid potential future increases.
- ▪The average mortgage interest rate for a 30-year mortgage loan is 6.62% as of May 21, 2026.
- ▪The average refinance rate on a 30-year mortgage is 6.87%.
- ▪Both rates represent significant increases compared to the previous month and negate improvements seen in 2025.
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MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 21, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson May 21, 2026 / 10:25 AM EDT / CBS News Add CBS News on Google Mortgage interest rates have noticeably changed for buyers and homeowners looking to refinance.
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