The average contract rate for a 30-year fixed mortgage in the US climbed 7 basis points to 6.76% in the week ending July 24, 2026, marking its highest level since August 2025, according to the Mortgage Bankers Association. The increase tracked a rise in Treasury yields as persistent inflation concerns continued to pressure bond markets, reducing expectations for lower borrowing costs in the near term. Mortgage rates have climbed nearly 70 basis points since the US and Israel launched strikes against Iran in late February, as higher oil prices fueled inflation fears. While energy prices eased in June, renewed hostilities have revived expectations that the Federal Reserve will keep interest rates higher for longer. Higher borrowing costs continued to weigh on housing demand. Total mortgage applications fell 6.4% from the previous week, with purchase applications declining 3.6% and refinancing activity dropping 9.9%. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.76 percent in the week ending July 24 of 2026. Mortgage Rate in the United States averaged 6.08 percent from 1990 until 2026, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States MBA 30-Yr Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Fixed 30-year mortgage rates in the United States averaged 6.76 percent in the week ending July 24 of 2026. Mortgage Rate in the United States is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States MBA 30-Yr Mortgage Rate is projected to trend around 5.80 percent in 2027 and 5.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-22 11:00 AM
MBA 30-Year Mortgage Rate
Jul/17 6.69% 6.65%
2026-07-29 11:00 AM
MBA 30-Year Mortgage Rate
Jul/24 6.76% 6.69%
2026-08-05 11:00 AM
MBA 30-Year Mortgage Rate
Jul/31 6.76%


Related Last Previous Unit Reference
15-Year Mortgage Rate 6.04 5.96 percent Jul 2026
30-Year Mortgage Rate 6.66 6.58 percent Jul 2026
Average Mortgage Size 375.22 372.83 Thousand USD Jun 2026
MBA Mortgage Market Index 247.20 264.00 points Jul 2026
MBA Mortgage Refinance Index 723.10 802.30 points Jul 2026
MBA Purchase Index 159.80 165.80 points Jul 2026
MBA Mortgage Applications -6.40 1.90 percent Jul 2026
MBA 30-Year Mortgage Rate 6.76 6.69 percent Jul 2026


United States MBA 30-Yr Mortgage Rate
MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.
Actual Previous Highest Lowest Dates Unit Frequency
6.76 6.69 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US 30-Year Mortgage Rate Climbs to One-Year High
The average contract rate for a 30-year fixed mortgage in the US climbed 7 basis points to 6.76% in the week ending July 24, 2026, marking its highest level since August 2025, according to the Mortgage Bankers Association. The increase tracked a rise in Treasury yields as persistent inflation concerns continued to pressure bond markets, reducing expectations for lower borrowing costs in the near term. Mortgage rates have climbed nearly 70 basis points since the US and Israel launched strikes against Iran in late February, as higher oil prices fueled inflation fears. While energy prices eased in June, renewed hostilities have revived expectations that the Federal Reserve will keep interest rates higher for longer. Higher borrowing costs continued to weigh on housing demand. Total mortgage applications fell 6.4% from the previous week, with purchase applications declining 3.6% and refinancing activity dropping 9.9%.
2026-07-29
US 30-Year Mortgage Rate Hits 11-Month High
The average contract rate on a 30-year fixed mortgage in the US rose 4 basis points to 6.69% in the week ending July 17, 2026, reaching its highest level since August 22, 2025, according to the Mortgage Bankers Association. The increase followed a rise in Treasury yields, with inflation concerns continuing to weigh on bond markets and limiting the prospect of near-term relief for homebuyers. Mortgage rates have climbed 0.60 percentage points since the US and Israel launched attacks against Iran in late February, which pushed global oil prices higher and added to broader inflation pressures. Although energy prices eased in June on hopes of peace talks, renewed hostilities have reignited concerns that inflation could remain elevated and force the Federal Reserve to keep rates higher for longer. Despite higher borrowing costs, total mortgage applications rose 1.9% after two weeks of declines, with purchase applications up 5.5% while refinancing fell 2.4%.
2026-07-22
US 30-Year Mortgage Rates Surge, Matching May Peak
The average US 30-year fixed mortgage rate for loans of up to $806,500 rose to 6.65% in the week ending July 10, 2026, from 6.58% a week earlier, matching the nine-month high reached in May, according to the Mortgage Bankers Association. The increase reflects a recent rise in US Treasury yields, fueled by persistent inflation concerns and growing expectations that the Federal Reserve could raise interest rates later this year, even as the labor market continues to show signs of gradual cooling. Higher borrowing costs weighed on mortgage demand, with total applications falling 2.7%, a second consecutive weekly decline. Purchase applications dropped 7.3%, signaling softer homebuying activity, while refinancing applications increased 3.5% as some homeowners took advantage of recent market movements.
2026-07-15