What's a good mortgage interest rate this June?

Searching for low mortgage interest rates has become more challenging for borrowers in recent months. Pakorn Supajitsoontorn/Getty Images Mortgage interest rates declined by around a full percentage point in 2025. At 7.04% in January 2025, according to historical FreddieMac data, the average rate on a 30-year term fell to 6.06% by January 15, 2026. And that was an average, meaning that qualified borrowers were able to find a rate comfortably under 6% . By March 2 , for example, the average rate on a 30-year term was just 5.75%. A combination of factors this spring, however, has caused rates to increase substantially . There's currently no consensus on when mortgage rates could improve again, either. But with factors like a new inflation report and a new Federal Reserve meeting expected for later this month, now could be a time for borrowers to take stock of the mortgage interest rate climate overall and, more specifically, the rates they may qualify for. That process starts by knowing where mortgage interest rates stand now, at the approximate midpoint of 2026, and more importantly, which rate is considered to be a "good" one this month. Start by seeing which mortgage interest rate offers you qualify for here . What's a good mortgage interest rate this June? The average mortgage interest rate on a 30-year mortgage is 6.50% as of June 8, 2026, according to Zillow . The median rate on a 15-year term is 5.87%. …