Yes, mortgage interest rates are higher today, but only by a little. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.43% APR, according to rates provided to NerdWallet by Zillow. This is five basis points higher than yesterday but three basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point. Mortgage rates have been trending higher since the war in Iran began. Instability in the Middle East has rattled U.S. bond markets, which in turn pushed mortgage rates higher. A lasting peace agreement wouldn’t cause mortgage rates to reverse course immediately, but it would inject some much needed calm in the markets. While the economy never sleeps, markets are closed on the weekends. The rates you see Friday are unlikely to change much (if at all) until Monday. Average mortgage rates, last 30 days 🤓 Kate On Rates: May 28, 2026 📈 What influences mortgage rates?…