What's a good mortgage interest rate this June?

MoneyWatch: Managing Your Money What's a good mortgage interest rate this June? 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 June 8, 2026 / 1:39 PM EDT / CBS News Add CBS News on Google 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...