Interest Guru

Weekly update

Mortgage rates, week of May 21, 2026

The 30-year fixed averaged 6.51%, up 0.15 points from last week.

Average mortgage rates, 52 weeks to 2026-05-21Weekly Freddie Mac averages. The 30-year fixed was 6.51% in the week of 2026-05-21.5.0%5.5%6.0%6.5%7.0%JulOctJan 2026Apr30-year 6.51%15-year 5.85%
30-year fixed
6.51%
15-year fixed
5.85%
10-year Treasury
4.57%
Spread
1.94

The numbers behind the week

  • The 15-year fixed averaged 5.85%, up 0.14 points.
  • Between the two readings the 10-year Treasury yield rose 0.10 points and the gap between it and the mortgage rate widened 0.05 points. Together those make up the 0.15-point move.
  • Four weeks ago the 30-year average was 6.23%.
  • That is 0.35 points below a year ago (6.86%).
  • Over the past 52 weeks the 30-year average has ranged from 5.98% to 6.89%.
  • The spread over the 10-year Treasury is 1.94 points, against an average of 2.22 across the history on this site.
Change from the previous week
Change from May 14, 2026Points
10-year Treasury yield+0.10
Spread over the Treasury+0.05
30-year mortgage rate+0.15

Each mortgage average is compared with the most recent daily Treasury yield on or before its date, so the split is approximate. The Treasury spread page explains the gap.