budget homebuyer refinance
Mortgage Rates May 1 2026 vs 2025 Hidden Surge?
The average 30-year fixed mortgage rate rose 15 basis points to 6.28% on May 1, 2026, adding roughly $4,300 to a typical 30-year loan. The jump followed the Federal Reserve's latest rate decision, which nudged borrowing costs higher for new buyers. Financial Disclaimer: This article is