Mortgage and Refinance Rates Rise on Inflation Concerns, May 1, 2026
Mortgage and refinance interest rates increased on May 1, 2026, driven by inflation concerns linked to rising tensions between the U.S. and Iran, which pushed oil prices higher. The 30-year fixed-rate mortgage rose to 6.21%, while the 15-year fixed loan climbed to 5.63%.
Topics: inflation mortgage rates oil prices U.S.-Iran tensions