Live Mortgage Rates Dashboard: 30-Year Fixed Hits 6.53%
Current mortgage rates are climbing, with the 30-year fixed rate reaching **6.53%** in the latest Freddie Mac survey. Here is what homebuyers and investors need to know.
30-Year Fixed: 6.53% (up +0.02% from last week, up +0.23% from a month ago)
15-Year Fixed: 5.87% (up +0.02% from last week, up +0.23% from a month ago)
- 30-year rates hit their highest level since August 2025
- 30-year rates up 23 basis points over the past month
- Persistent inflation and geopolitical tensions driving increases
On a $400,000 loan, the rate increase from 6.00% to 6.53% adds approximately $135 per month to principal and interest payments. This reduces buying power by roughly $22,000-$27,000 for buyers keeping the same payment budget.
Next Freddie Mac survey releases June 4, 2026 at 11:00 AM CDT. Market watchers are tracking Federal Reserve commentary on inflation, energy market developments in the Middle East, and Treasury yield movements.
Sources:
Federal Reserve Economic Data - 30-Year Mortgage Rates
Federal Reserve Economic Data - 15-Year Mortgage Rates
Freddie Mac Primary Mortgage Market Survey - PMMS Data
