FX.co ★ US Mortgage Rates Fall from 4-Month Highs: MBA

In the week ending May 30th, 2025, the average interest rate for 30-year fixed-rate mortgages with conforming loan balances (up to $806,500) in the US decreased by 6 basis points, settling at 6.92%, as reported by the Mortgage Bankers Association. This decline follows a peak of 6.98% reached the previous week, driven by heightened fiscal concerns that significantly increased long-term Treasury yields. Comparatively, the rate stood at 7.07% in the same period the previous year.