We have bad news and slightly less bad news. Starting with the latter, today's mortgage rates are only marginally higher than they were yesterday with the average top tier 30yr fixed rate up 0.02%. The bad news is that this takes our rate index to 6.77%--the highest level since July 28th, 2025.  Mortgage rates are driven by the bond market and bonds remain under pressure from a renewed surge in fuel prices. Specifically, higher fuel prices and additional uncertainty about the Iran war increase inflation expectations, and it's inflation that is the actual thorn in the bond market's side. Last week's inflation reports definitely offered some solace, but the bond market has progressively come to terms with the fact that last week's data was for the month of June (the best month for lower fuel prices since the start of the Iran war). July has been the polar opposite with gas futures quickly jumping back up to their highest levels of the year as of this morning. [thirtyyearmortgagerates]

July 22, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.77% +0.02%   5.99% 6.81% 15 Yr. Fixed 6.23% +0.03%   5.55% 6.25% 30 Yr. Jumbo 6.90% +0.03%   6.1% 6.91% Compare Mortgage Rates from Local Lenders for Jul 22, 2026 Mortgage Rates Inch Up to 11-Month High Wed, Jul 22, 2026 3:47PM We have bad news and slightly less bad news. Starting with the latter, today's mortgage rates are only marginally higher than they were yesterday with the average top tier 30yr fixed rate up 0.02%. The bad news is that this takes our rate index to 6.77%--the highest level since July 28th, 2025.  Mortgage rates are driven by the bond market and bonds remain under pressure from a renewed surge in fuel prices. Specifically, higher fuel prices and additional uncertainty about the Iran war increase inflation expectations, and it's inflation that is the actual thorn in the bond market's side. ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.77% +0.02 0.00 15 Yr. Fixed 6.23% +0.03 0.00 30 Yr. FHA 6.35% +0.03 0.00 30 Yr. Jumbo 6.90% +0.03 0.00 7/6 SOFR ARM 6.55% +0.05 0.00 30 Yr. VA 6.37% +0.03 0.00 Updates Daily - Last Update: 7/22 Freddie Mac Rate Change Points 30 Yr. Fixed 6.55% +0.06 0.00 15 Yr. Fixed 5.93% +0.11 0.00 Updates Weekly - Last Update: 7/16 Mortgage Bankers Assoc. 30 Yr. Fixed 6.65% +0.07 0.67 15 Yr. Fixed 6.05% +0.06 0.88 30 Yr. Jumbo 6.62% +0.12 0.54 Updates Weekly - Last Update: 7/15 UMBS 30YR 5.5 99.32 -0.19   99.22 101.64 UMBS 30YR 6.0 101.34 -0.12   101.24 102.75 10 YR Treasury 4.659 +0.034   3.948 4.668 Just a Bit Weaker as Oil Keeps Rising Wed, Jul 22, 2026 10:18AM For those not interested in overcomplicating things, it's fair enough to simply observe the resurgence of hostilities in the Iran war prompting a resurgence of fuel prices and bond selling due to inflation expectations. Earnings season in equities has added to volatility in the 9:30am-10am hour on each of the past 2 mornings. We seem to be breaking from that... (read more) MBS Price Change UMBS 5.0 96.95 -0.26 UMBS 5.5 99.32 -0.19 UMBS 6.0 101.34 -0.12 GNMA 5.0 97.38 -0.20 GNMA 5.5 99.76 -0.14 GNMA 6.0 101.78 -0.14 Pricing as of: 7/22 5:29PM EST US Treasury Yield Change 2 YR Treasury 4.302 +0.032 5 YR Treasury 4.407 +0.036 7 YR Treasury 4.527 +0.036 10 YR Treasury 4.659 +0.034 30 YR Treasury 5.151 +0.020 Pricing as of: 7/22 5:29PM EST Other News Servicing, Non-Agency, AI Processing Tools; Condo Turmoil Ahead? Wed, Jul 22, 2026 11:43AM There’s always something in the news, whether it is Jimothy the raccoon in the Northwest, or the Canadian wildfire smoke in the Northeast which coincided with more tariffs directed at Canada. Homebuilders, and those who lend to them, know that materials from Canada are already subject to tariffs, but the new tariffs could affect building materials such as (p... (read more) Latest Video U.S. Trade Rep. Jamieson Greer: 'Expect action soon' on sweeping new tariff... Pending home sales plunge in June July consumer sentiment improves to 54.4, well above expectations Oil rises on U.S.-Iran tensions Around the Web CNBC Mortgage rates are rising again, but homebuyers are seeing some advantages Fox Business Jamie Dimon says he wouldn’t buy stocks or Treasurys at current prices Investing Live US treasury auctions off 13 billion of 20 year bonds at a high yield of 5.163% CNBC Wall Street is selling more rental homes, as buying ban takes effect Investing Live Crude oil inventories rise 2.010M vs -1.052M estimate CNBC Treasury yields flat as traders reassess Fed rate hike bets Eye on Housing Exterior Material Trends in Single-Family Homes Eye on Housing Shrinking Lots: Trend Levels Off as Smaller Lots Remain the Norm Investing Live US yields are pushing to new highs and along with it the US dollar Investing Live ADP weekly NER Pulse 16,500 vs 19,750 last week CNBC Treasury yields edge lower as investors map geopolitical risks BLS Real average hourly earnings increased 0.1 percent from June 2025 to June 2026 Investing Live Crude oil futures settle at $84.91

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