Mortgage Rates Rise: 30-Year Fixed Now at 6.25% on May 9, 2026

As of May 9, 2026, the 30-year fixed mortgage rate stands at 6.25%, reflecting an increase of seven basis points from the previous day. The 15-year fixed rate has risen nine basis points to 5.66%. Other current mortgage rates include the 20-year fixed at 5.95% and the 5/1 ARM at 6.41%. These national averages are crucial for potential homebuyers and those considering refinancing, as higher rates may impact affordability and housing market activity.