The average US 30-year fixed mortgage rate for loans up to $806,500 increased to 6.58% in the week ending July 3, 2026, up from 6.57% the previous week and remaining near the nine-month highs seen in May, according to the Mortgage Bankers Association. This rise follows a recent uptick in US Treasury yields, driven by persistent inflation concerns and growing bets that the Federal Reserve will hike interest rates this year, despite signs of a gradually cooling labor market and Fed Chair Kevin Warsh’s remarks that there is no urgency to raise rates. Total mortgage applications declined by 2.2%, after remaining flat the prior week, with refinance activity dropping 4.1% and purchase applications falling 0.6%. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.58 percent in the week ending July 3 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 July of 2026.

Fixed 30-year mortgage rates in the United States averaged 6.58 percent in the week ending July 3 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
2026-07-01 11:00 AM
MBA 30-Year Mortgage Rate
Jun/26 6.57% 6.59%
2026-07-08 11:00 AM
MBA 30-Year Mortgage Rate
Jul/03 6.58% 6.57%
2026-07-15 11:00 AM
MBA 30-Year Mortgage Rate
Jul/10 6.58%


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.82 5.79 percent Jul 2026
30-Year Mortgage Rate 6.49 6.43 percent Jul 2026
Average Mortgage Size 381.94 383.57 Thousand USD Mar 2026
MBA Mortgage Market Index 266.30 272.20 points Jul 2026
MBA Mortgage Refinance Index 794.40 828.70 points Jul 2026
MBA Purchase Index 169.50 170.60 points Jul 2026
MBA Mortgage Applications -2.20 0.00 percent Jul 2026
MBA 30-Year Mortgage Rate 6.58 6.57 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
6.58 6.57 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US 30-Year Mortgage Rate Slightly Up
The average US 30-year fixed mortgage rate for loans up to $806,500 increased to 6.58% in the week ending July 3, 2026, up from 6.57% the previous week and remaining near the nine-month highs seen in May, according to the Mortgage Bankers Association. This rise follows a recent uptick in US Treasury yields, driven by persistent inflation concerns and growing bets that the Federal Reserve will hike interest rates this year, despite signs of a gradually cooling labor market and Fed Chair Kevin Warsh’s remarks that there is no urgency to raise rates. Total mortgage applications declined by 2.2%, after remaining flat the prior week, with refinance activity dropping 4.1% and purchase applications falling 0.6%.
2026-07-08
US 30-Year Mortgage Rate Dips for a 2nd Week
The average US 30-year fixed mortgage rate for loans up to $806,500 fell to 6.57% in the week ended June 26, 2026, marking the lowest level in a month and the second straight weekly decline, per the Mortgage Bankers Association. Still, mortgage rates remained high even as long-term Treasury yields fell due to lower energy prices, though hawkish FOMC outlooks limited any surge in credit market activity. Total mortgage applications held steady after a 1% gain the prior week, with purchase apps up 0.5% and refinance activity down 0.7%.
2026-07-01
US Mortgage Rates Edge Down
The average interest rate on 30-year fixed-rate mortgages for conforming loan balances of $806,500 or less in the US edged down by 1 basis point to 6.59% in the week ended June 19, 2026, from 6.60% in the previous week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Despite the slight decline, borrowing costs remained close to their highest levels since August last year. Meanwhile, total mortgage applications increased 1%, rebounding from a 3.8% decline in the prior week. Refinancing activity rose 3%, while applications for home purchases slipped 0.6%.
2026-06-24