We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
May 22, 2026 / 10:49 AM EDT
/ CBS News
Add CBS News on Google
This is how significantly mortgage interest rates have changed so far in 2026 (and what could happen next).
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
May 22, 2026 / 10:49 AM EDT
/ CBS News
Add CBS News on Google

What's the mortgage rate you'll be paying later this year? Probably higher

Compare Current Mortgage Rates

US mortgage rates climb to 6.51% reaching their highest level since last summer

US mortgage rates hit highest level in nearly nine months, borrowing costs rise for homebuyers

Freddie Mac reports 30-year fixed mortgage rate at 6.51%, highest since late August 2025

Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months