May Real Estate Roundup

"This week, the 30-year fixed-rate mortgage rose slightly higher. Aspiring buyers should remember to shop around for the best mortgage rate, as they can potentially save thousands of dollars by getting multiple quotes."

• 30-year fixed-rate mortgage (FRM) averaged 6.89 percent for the week ending May 29, 2025 up from last month when it averaged 6.81 percent. A year ago, at this time, the 30-year FRM averaged 7.03 percent.
• 15-year FRM this week averaged 6.03 percent, up from last month when it averaged 5.94 percent. A year ago, at this time, the 15-year FRM averaged 6.36 percent.