U.S. mortgage rates rose for a third consecutive week, with the average 30-year fixed rate climbing 23 basis points to 6.40 percent according to industry surveys published around July 5, 2026.
The 15-year fixed rate increased to 5.86 percent in the same period. Borrowing costs have remained elevated as the Federal Reserve held its benchmark rate steady and bond markets priced in persistent inflation.
Homebuyers and refinancers face a market where rates have fluctuated within a band roughly between 6.4 and 6.6 percent over recent weeks. Ten-year Treasury yields, which heavily influence mortgage pricing, have stayed high amid expectations that the central bank will not cut aggressively.
Analysts pointed to upcoming Consumer Price Index data and employment reports as likely catalysts for the next move in lending rates.
Created by Ayen Stabel.
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Sources:
https://finance.yahoo.com/personal-finance/mortgages/article/mortgage-and-refinance-interest-rates-today-sunday-july-5-rates-way-up-since-last-week-100000265.html