AI Data Insight
As of 2026-05-21 (Q2 2026), the US 30-year fixed mortgage rate jumped to 6.51%, a significant rebound from the previous reading of 6.36%. Driven by recent higher-than-expected US inflation data and surging energy prices, US Treasury yields have moved higher, pulling mortgage rates up with them. With borrowing costs climbing once again, the affordability for homebuyers in the housing market will be further squeezed in the short term.