Daily Mortgage Rate Analysis
Expert analysis of U.S. mortgage rate movements, updated every market day with data-driven insights.
What Are Today's Mortgage Rates?
As of May 15, 2026, the average 30-year fixed mortgage rate is 6.38% and the 15-year fixed rate sits at 5.71%. Mortgage Daily tracks rate movements every market day using official Federal Reserve data, Freddie Mac surveys, and real-time MBS pricing — giving homebuyers and refinancers the most current picture of borrowing costs.
Daily rate fluctuations are driven by Federal Reserve policy decisions, inflation reports (CPI and PCE), jobs data, Treasury yield movements, and global economic events. Understanding these factors helps borrowers time their mortgage applications and lock decisions. For a detailed breakdown, read our full daily rate report ›
Mortgage Rates Today: Daily 30-Year Rate 6.42% May 15 2026
Mortgage rates today: 30-year fixed at 6.42%, 15-year at 5.66%, 5/1 ARM at 6.22%. Daily market analysis, lock-or-float guidance, and forecast from Mortgage Daily.
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Authoritative Data Sources
We use official data from the Federal Reserve (FRED), Freddie Mac's Primary Mortgage Market Survey, Treasury yields, and MBS pricing for accurate, reliable rate information.
Daily Market Updates
Rate analysis published every market day by 10:00 AM ET. Weekend editions provide forward-looking analysis based on economic calendars and Fed communications.
Expert Economic Analysis
Our team analyzes Fed policy, inflation data (CPI/PCE), employment reports, and global factors to explain what's driving rate movements.
Editorial Standards
All content is reviewed for accuracy by our editorial team. We maintain strict separation between news and advertising. View our methodology
