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Mortgage Rates Inch Down

May 14, 2026

Mortgage rates ticked down this week, averaging 6.36%. While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up.

  • The 30-year fixed-rate mortgage averaged 6.36% as of May 14, 2026, slightly down from last week when it averaged 6.37%. A year ago at this time, the 30-year FRM averaged 6.81%.
  • The 15-year fixed-rate mortgage averaged 5.71%, slightly down from last week when it averaged 5.72%. A year ago at this time, the 15-year FRM averaged 5.92%.

Information provided by Freddie Mac.

Interest Rates

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JOE KASEL
Sales Executive
612-532-1177
Joe@KaselHomes.com

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