What are today's mortgage interest rates: May 14, 2026?

MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 14, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson May 14, 2026 / 8:26 AM EDT / CBS News Add CBS News on Google Mortgage interest rates won't be immune to recent developments in the fight to lower inflation. Getty Images/iStockphoto With the next Federal Reserve meeting not scheduled until June 16, homebuyers and owners looking to refinance may understandably be under the impression that today's mortgage rates aren't likely to change anytime soon. That would be a mistake worth avoiding, though. In fact, not only are mortgage interest rates likely to change before then, but they're equally as likely to increase after consecutive inflation reports this week showed figures increasing, not declining. That can lead to an increase in mortgage interest rates as lenders respond to these changes, even with a paused Federal funds rate.That noted, mortgage interest rates are still markedly improved from where they were in recent years, especially after they surged past the 7% mark in 2023. Mortgage rates improved by about a full percentage point in 2025 and, right now, they're still lower than they were at similar points last spring and in 2024. With multiple ways to secure a below-average rate, borrowers may still find that today's rates fit their budget and help them meet their goals, even if they're not ideal. To better understand the value of a purchase or refinance now, it helps to know where mortgage interest ra...