Mortgage Rates Update: 30-Year Fixed at 6.20% Average
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAs of May 3, 2026, the average 30-year fixed mortgage rate is 6.20%, with April rates having peaked at 6.30% and reaching a low of 6.02%. The Zillow lender marketplace also reports a 20-year rate of 6.01% and a 15-year rate of 5.66%. In terms of refinancing, the average 30-year fixed refinance rate stands at 6.18%. These mortgage rates influence borrowing costs for consumers and can impact housing market dynamics substantially.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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