← Back to VegaFi
Weekly Market Survey
Today's mortgage rate.
The national average for a conventional, conforming mortgage — for borrowers with strong
credit and 20% down. It's a benchmark, not your quote. Our network routinely bids below it.
Week of June 4, 2026 · Updated Thursdays 12 p.m. ET
30-Year Fixed
6.48%
6.51% APR · national average
▼ 0.05%
vs. last week
▼ 0.37%
vs. a year ago
15-Year Fixed
5.79%
5.83% APR · national average
▼ 0.08%
vs. last week
▼ 0.20%
vs. a year ago
This week
Rates ease again as markets settle.
At a glance
This week vs. history
| Product |
This week |
Last week |
4 weeks ago |
1 year ago |
| 30-Year Fixed |
6.48% |
6.53% |
6.69% |
6.85% |
| 15-Year Fixed |
5.79% |
5.87% |
5.96% |
5.99% |
The average is just the starting line.
This number is what lenders advertise. Upload the Loan Estimate you already have and our network bids to beat it — no credit pull, no obligation. Most uploads come back lower than the headline rate.
Beat this rate ↗
Methodology & FAQ
How to read this number
Where do these rates come from?
They're a weekly national survey average of conventional, conforming mortgage rates — the kind of benchmark published every Thursday at noon ET. The averages assume a borrower with strong credit, a 20% down payment, and a small number of discount points.
Why is my quote different?
Your rate depends on your credit score, loan-to-value, loan type (FHA, VA, jumbo, non-QM), points, property type, and even your state. The average is a single national snapshot for an ideal-profile borrower — it's a reference point, not an offer.
Do these include points and fees?
The survey rate assumes a small number of points. The APR shown alongside each rate folds lender fees into the cost, which makes it the better number for comparing one offer against another.
How often do rates change?
This benchmark is published weekly, but the market moves daily — sometimes hourly. That's why locking your rate matters: once locked, it won't change before closing (subject to your lock period and any change in circumstances).
Can I actually beat the average?
Often, yes. The advertised average reflects retail bank pricing with markup baked in. VegaFi routes your scenario across a wholesale network of 50+ lenders — and with CounterOffer, they bid against each other to beat the deal you already have.
Lock it in
Don't shop the average.
Beat it.
Get matched in 60 seconds or upload an offer and let lenders compete. No credit pull, no obligation.
Illustrative sample figures for demonstration. Rates shown are weekly national averages and do not represent a commitment to lend or a guarantee of any specific rate, which depends on your individual circumstances, market conditions, and lender participation. Not financial advice. Vega Financing, LLC · NMLS #2493744 · Equal Housing Opportunity.
30-year fixed
Last 14 weeks