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Mortgage Rates Rise: 30-Year Fixed at 6.38% on June 7, 2026

Published on · Source: finance.yahoo.com

Mortgage Rates Rise: 30-Year Fixed at 6.38% on June 7, 2026

AI Summary

Summarized by AI from the source below

On June 7, 2026, the national average for the 30-year fixed mortgage rate increased by 5 basis points to 6.38%, while the 15-year fixed rate rose by 2 basis points to 5.74%. In contrast, the 5/1 ARM decreased by 24 basis points to 6.39%. Other rates reported include the 20-year fixed at 6.39% and 30-year VA loans at 5.81%. These changes indicate shifting lending conditions which could impact housing demand and refinancing decisions.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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