seasonal mortgage rate trends
Mortgage Rates vs May Myth 3 Secrets Revealed
In May 2026 the average 30-year fixed rate was 6.30%, only a 0.07-point rise from the previous week, showing that the expected spring dip never materialized. Buyers who waited for a May-seasonal slide missed the brief seven-basis-point dip that followed a geopolitical flash point, according to Freddie Mac