Mortgage Rates Drop: 30-Year Fixed Now 6.17% June 2026

As of June 28, 2026, the national average for the 30-year fixed mortgage rate has decreased to 6.17%, down 25 basis points since June 22. The 15-year fixed rate is now 5.75%, declining by 4 basis points, while the 5/1 adjustable-rate mortgage (ARM) fell by 40 basis points to 6.09%. The refinance rates show the 30-year fixed at 6.26% and the 15-year fixed at 5.73%. These changes in mortgage rates may impact housing market activity and affordability.