Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but it was fairly small with the average lender dropping 0.03% to 6.5% for a top-tier 30yr fixed scenario. One reason for caution is that the rate improvement looks to be dependent on oil price volatility after this week's resurgence in U.S./Iran tensions. Oil finally moved lower today. In general, lower oil prices imply lower inflation pressure, and lower rates. This isn't always the case, but there are times (like this week and many of the weeks since the start of the Iran war) where oil prices and rates are clearly correlated.  In the bigger picture, rates are drifting sideways in a narrow range near 10-month highs as they wait for more concrete inspiration.  [thirtyyearmortgagerates]

July 9, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.65% -0.03%   5.99% 6.85% 15 Yr. Fixed 6.20% -0.02%   5.55% 6.25% 30 Yr. Jumbo 6.82% +0.00%   6.1% 6.93% Compare Mortgage Rates from Local Lenders for Jul 9, 2026 Rates Recover Modestly Thu, Jul 9, 2026 3:39PM Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but it was fairly small with the average lender dropping 0.03% to 6.5% for a top-tier 30yr fixed scenario. One reason for caution is that the rate improvement looks to be dependent on oil price volatility after this week's resurgence in U.S./Iran tensions. Oil finally moved lower today. In general, lower oil prices imply lower inflation pressure, and lower rates. This isn't always the case, but there are times (like this week and many of the weeks since the start of the Iran... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.65% -0.03 0.00 15 Yr. Fixed 6.20% -0.02 0.00 30 Yr. FHA 6.23% -0.02 0.00 30 Yr. Jumbo 6.82% 0.00 0.00 7/6 SOFR ARM 6.25% -0.06 0.00 30 Yr. VA 6.25% -0.02 0.00 Updates Daily - Last Update: 7/9 Freddie Mac Rate Change Points 30 Yr. Fixed 6.49% +0.06 0.00 15 Yr. Fixed 5.82% +0.03 0.00 Updates Weekly - Last Update: 7/9 Mortgage Bankers Assoc. 30 Yr. Fixed 6.57% -0.02 0.65 15 Yr. Fixed 6.00% -0.02 0.75 30 Yr. Jumbo 6.52% 0.00 0.38 Updates Weekly - Last Update: 7/1 UMBS 30YR 5.0 97.78 +0.34   96.76 100.50 UMBS 30YR 5.5 99.95 +0.25   98.96 101.64 10 YR Treasury 4.538 -0.035   3.948 4.668 Oil and Yields Starting Out Slightly Lower Thu, Jul 9, 2026 9:49AM Bonds are starting the day just a hair stronger versus yesterday's close and there are three ways to look at it. At the most basic level, the move is so small that it doesn't deserve any explanation (i.e. we're close enough to unchanged to say "nothing new is happening"). But given the recent resurgence of correlation between bonds and oil prices, that's pro... (read more) MBS Price Change UMBS 4.5 95.38 +0.30 UMBS 5.0 97.78 +0.34 UMBS 5.5 99.98 +0.28 GNMA 4.5 95.40 +0.21 GNMA 5.0 98.29 +0.33 GNMA 5.5 100.40 +0.23 Pricing as of: 7/9 4:19PM EST US Treasury Yield Change 2 YR Treasury 4.159 -0.061 5 YR Treasury 4.266 -0.060 7 YR Treasury 4.394 -0.053 10 YR Treasury 4.538 -0.036 30 YR Treasury 5.052 -0.024 Pricing as of: 7/9 4:19PM EST Other News Hedging, Warehouse, Processing Tools; M&A Results; Declining Demand for Housing Thu, Jul 9, 2026 11:41AM This morning, we head to Los Angeles, the site of the fires in the Pacific Palisades area in January 2025. Governor Gavin Newsom recently announced that FEMA approved California’s request to extend critical disaster assistance for Los Angeles fire survivors. More than 18,000 structures were destroyed. Seventy percent of those families don’t have a place to l... (read more) Latest Video Here's what to know about the housing bill that could become law Friday June home sales disappoint as prices reach an all-time high Warsh's task forces to reshape the Federal Reserve May wholesale inventories miss estimates Around the Web CNBC June home sales disappoint as prices reach an all-time high Investing Live U.S. Treasury auctions off $22 billion of 30 year bonds at a high yield of 5.058% CNBC Fed officials were split on direction of interest rates at last meeting, minutes show CNBC Fed meeting minutes to show 'family fight' over rates. The squabble could drag on for a while Investing Live US initial jobless claims 215K versus 218K estimate CNBC U.S. Treasury yields soar after Donald Trump says Iran ceasefire is over Eye on Housing Remodeling Market Sentiment Remains in Positive Territory in Second Quarter CNBC Weekly mortgage demand drops as rates remain stuck in a narrow range Investing Live US sells 10-year notes 4.580% vs 4.586% WI Investing Live US treasury sells $69 billion dollars of three or noted a high yield of 4.179% CNBC U.S. revokes Iran oil sanctions waiver after tanker attacks CNBC Oil rises as Iran-U.S. tensions raise concerns over supply disruptions CNBC Strait of Hormuz threat level raised to 'severe' after Iran attacks tankers using U.S. Navy route

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