30-Year Mortgage Rates Signal Strong Housing Market Activity

May 23, 2026

The average 30-year U.S. mortgage rate rose to 6.51%, its highest in nearly nine months, driven by factors like the Iran conflict and rising oil prices. The 15-year fixed rate also increased to 5.85%. Higher rates reduce buyers' purchasing power, slowing home sales and mortgage applications. Adjustable-rate mortgages gained popularity as home prices and listings improve in some regions, offering opportunities despite rising costs.

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Anthony Warner

+1-912-610-0776

Thompson Warner Realty, LLC

Augusta, Georgia

After serving honorably in the United States Army, Anthony transitioned his passion for helping others into the real estate industry. His military career instilled in him strong problem-solving skills, adaptability, and a mission-first mindset. Today, he leverages those same qualities to guide clients through the complexities of residential and relocation transactions, offering personalized strategies and unwavering support at every step. He holds the Accredited Buyer Representative (ABR®) designation, is a certified Military Relocation Professional (MRP®), and has earned the Seller Representative Specialist (SRS®) credential—each reflecting his deep expertise and steadfast focus on achieving the best possible outcomes for buyers and sellers alike. With Anthony Warner, clients gain more than a transactions facilitator—they gain a trusted advisor who combines military-honed excellence with real estate expertise and a sincere passion for serving others.

Which Homes Can You Afford?

See Your Options

How Much Is Your Home Worth?

Find My Home Value