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Treasury Yield Increase Drives Mortgage Rates Higher in May

Thread starter Hoca
Start date May 29, 2025

Hoca

Administrator

Staff member

May 29, 2025

Mortgage rates continued their upward trend in May due to market volatility triggered by fiscal concerns and weaker U.S. Treasury demand. According to Freddie Mac, the average 30-year fixed-rate mortgage rose to 6.82% — a 9-basis-point (bps) increase from April. The 15-year fixed-rate mortgage increased by 5 bps to 5.95%. The 10-year Treasury yield, a...

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