3% mortgage rate
Stop Relying on 3% Mortgage Rates-First Time Buyers Secure
Stop Relying on 3% Mortgage Rates-First Time Buyers Secure As of May 13 2026, the average 30-year fixed mortgage rate sits at 6.45%, making a lasting sub-3% rate highly unlikely for most first-time buyers. The current environment rewards disciplined budgeting and early rate locking over chasing a headline-grabbing dip.