Mortgage Rates Jump;
15-Year Jumbo Up 0.218

Mortgage rates jumped sharply this week, with eight of nine tracked products moving higher in a third consecutive — and steepest — weekly rise. 15-year jumbo rates surged 0.218 points to 6.182%, the largest single-product weekly move in this series. The benchmark 30-year fixed climbed 0.124 points to 6.361%; six products posted sharp moves of 0.100 points or more.

📊 Week-over-week data for all 9 mortgage products tracked by MonitorBankRates.com.

NATIONAL — National mortgage rates jumped sharply for the week ending May 25, 2026 — eight of nine tracked products rose, six of them by 0.100 points or more, in a third consecutive and steepest week of gains. The benchmark 30-year fixed mortgage rates climbed 0.124 points to 6.361%. 15-year jumbo rates posted the week’s sharpest move at +0.218 points to 6.182% — the largest single-product weekly gain in this tracking series. VA loans rose 0.142 points to 6.145%, and 30-year jumbo rates gained 0.120 points to 6.444%, now the highest-rate product on the board. Only the 3/1 ARM held flat.

Conventional fixed-rate products both posted sharp gains. 30-year fixed rates climbed 0.124 points to 6.361%, the largest weekly move the benchmark has shown in this series. 15-year fixed rates rose 0.112 points to 5.929%, nearly matching the 30-year’s pace. The 30-to-15 fixed spread held at 0.432 points, essentially unchanged from last week’s 0.420, as both tenors advanced together. The three-week cumulative move on the benchmark now stands at +0.267 points — a decisive reversal of the spring’s easing.

ARM products rose notably but lagged the fixed segment. 5/1 ARM rates gained 0.081 points to 5.836%, and 7/1 ARM rates added 0.098 points to 5.987% — both notable moves, though short of the sharp gains on fixed products. 3/1 ARM rates eased 0.005 points to 5.707%, the only product not to rise this week; the 3/1 segment’s narrow reporting pool makes small week-to-week wobbles routine. The 5/1 ARM-to-30-year-fixed spread widened to −0.525 points from last week’s −0.482, as fixed rates again outran ARMs — extending the ARM-fixed decoupling that has run through this entire cycle.

Jumbo products led the week. 30-year jumbo rates gained 0.120 points to 6.444% — now the highest-rate product among all nine tracked. 15-year jumbo rates surged 0.218 points to 6.182%, the sharpest single-product weekly move recorded in this series. Over three weeks, 15-year jumbo rates have risen 0.501 points total — a half-point repricing that dwarfs every other product’s cumulative move. The 15-year jumbo now sits 0.253 points above the 15-year conforming fixed at 5.929%, the widest that gap has been in the dataset.

Government-backed products both posted sharp gains. FHA mortgage rates climbed 0.106 points to 6.069%, crossing back above 6.00%. VA loan rates rose 0.142 points to 6.145%, the segment’s steepest weekly move in the series. The FHA-to-VA gap widened to 0.076 points from last week’s 0.040, as VA rates outpaced FHA. Both government-backed products are now firmly above the 6.00% mark.

Three consecutive weeks of gains now form an unambiguous upward trend. Over the three-week window, every tracked product except the 3/1 ARM has risen, with cumulative moves ranging from roughly +0.107 points at the 5/1 ARM to +0.501 points at the 15-year jumbo. The 30-year fixed has climbed 0.267 points over three weeks — not just erasing April’s decline but pushing past the late-March peak. For purchase borrowers, the practical reality is straightforward: financing a home costs meaningfully more today than it did a month ago, and the refinance opportunity that briefly appeared in April has closed.

The 15-year jumbo’s extraordinary three-week move — a half-point of cumulative repricing — remains the standout story. Banks holding jumbo loans in portfolio appear to be repricing aggressively as the rate outlook firms, and the pressure is concentrated at the shorter 15-year duration rather than spread evenly across the jumbo segment. For borrowers tracking the curve, the conventional product ordering is now firmly in place and the spreads have widened: 30-year jumbo above 30-year fixed, 15-year jumbo well above 15-year fixed, and government-backed products clustered near conventional. Whether the three-week climb extends or finally settles depends on Treasury yield direction in the weeks ahead — track how individual lender offers evolve on the mortgage rate trends page.