MEI Appraisal Company, LLC - Mortgage Rates and Calculator
MEI Appraisal is a member in good standing with the American Society of
Appraisers (ASA). The ASA and its members keep current of all the
associated news and events within the profession. Below are the recent interest rates along with a simple
mortgage calculator for your convienience.
Recent Mortgage Rate Feed
Thu, 14 May 2026 19:20:00 GMT
Mortgage Rates Move Moderately Lower
May continues to be a more volatile month than the bulk of April when it comes to day over day mortgage rate movement. While the average day has seen that volatility play out in favor of higher rates, today was thankfully the opposite. Yesterday's latest levels left the average lender at 6 week highs with a top tier 30yr fixed rate of 6.57. The underlying bond market was already beginning to recover yesterday afternoon. Combined with additional, modest bond market improvement overnight, today's 30yr fixed rate fell to 6.52% on average. The Iran war remains the primary source of volatility for markets. Some analysts expect more traction on a peace deal to come out of Trump's meeting with Xi (which will continue into tomorrow). This is far from a given, but if it happens, it would almost certainly put additional downward pressure on rates. |
