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Mortgage rates ease for first time after two straight weekly increases

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The Oregonian
May 15, 2026
Mortgage RatesSource: GNews
Mortgage rates ease for first time after two straight weekly increases

The average long-term U.S. mortgage rate edged lower this week, its first drop after rising the previous two weeks.

The average long-term U.S. mortgage rate edged lower after rising the previous two weeks. The benchmark 30-year fixed rate mortgage rate fell to 6.36% from 6.37% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.8... [2419 chars]

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Originally published by The Oregonian

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