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Mortgage Rates Today, Wednesday, May 6: Higher, But…
Mortgage interest rates are higher now but likely to move lower as tensions in Iran appear to ratchet down.
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TL;DR: Rates are higher now but likely to move lower as tensions in Iran appear to ratchet down.
Kate WoodSenior Writer/Spokesperson
Dawnielle Robinson-WalkerEditor & Content Strategist
Published May 6, 2026 Fact Checked How is this page expert verified? NerdWallet's content is fact-checked for accuracy, timeliness and relevance. It undergoes a thorough review process involving writers and editors to ensure the information is as clear and complete as possible. More on our editorial rigor SOME CARD INFO MAY BE OUTDATEDThis page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer.
Average mortgage rates, last 30 days
📉 When will mortgage rates drop?
Iran war a key factor
Influences on the home front
🔁 Should I refinance?
🏡 Should I start shopping for a home?
🔒 Should I lock my rate?
🧐 Why is the rate I saw online different from the quote I got?
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- Credit score
- Debt-to-income ratio
- Employment history
- Down payment
- Type of mortgage
- Location and property type
- Loan amount
👀 If I apply now, can I get the rate I saw today?
Source Reference
Originally published by NerdWallet
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