Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late July 29, 2025. The key contributor to the recent spike has been the uptick in fuel prices in July combined with the fact that rates never made it any lower than 6.52% over the past 2 months. In other words, we were already in a high range and the uptick in fuel prices simply gave rates a push. Heading into today, we knew there was potential volatility associated with 2 events: Fed Chair Warsh's congressional testimony and the monthly release of the Consumer Price Index (CPI)--a key inflation report.  The Warsh testimony had very little impact, but CPI was a different story. It showed inflation coming in much lower than expected in June. Lower inflation is generally good for rates. But the bond market is well aware that July could end up being a different story, thus limiting the exuberance of today's rate recovery with the rate index dropping only 0.05% to 6.70%.  [thirtyyearmortgagerates]

July 14, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.64% -0.06%   5.99% 6.85% 15 Yr. Fixed 6.18% -0.02%   5.55% 6.25% 30 Yr. Jumbo 6.83% -0.01%   6.1% 6.93% Compare Mortgage Rates from Local Lenders for Jul 14, 2026 Mortgage Rates Stage Moderate Recovery From Long-Term Highs Tue, Jul 14, 2026 3:17PM Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late July 29, 2025. The key contributor to the recent spike has been the uptick in fuel prices in July combined with the fact that rates never made it any lower than 6.52% over the past 2 months. In other words, we were already in a high range and the uptick in fuel prices simply gave rates a push. Heading into today, we knew there was potential volatility associated with 2 events: Fed Chair Warsh's congressional testimony and the monthly release of the Consumer Price Index ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.64% -0.06 0.00 15 Yr. Fixed 6.18% -0.02 0.00 30 Yr. FHA 6.27% +0.02 0.00 30 Yr. Jumbo 6.83% -0.01 0.00 7/6 SOFR ARM 6.30% -0.05 0.00 30 Yr. VA 6.29% +0.04 0.00 Updates Daily - Last Update: 7/15 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 6.58% +0.01 0.64 15 Yr. Fixed 5.99% -0.01 0.71 30 Yr. Jumbo 6.50% -0.02 0.42 Updates Weekly - Last Update: 7/8 UMBS 30YR 5.5 99.97 +0.22   98.96 101.64 UMBS 30YR 6.0 101.83 +0.16   101.00 102.75 10 YR Treasury 4.551 -0.037   3.948 4.668 Strong Start After Sharply Lower CPI Tue, Jul 14, 2026 8:56AM The Consumer Price Index came in FAR below expectations with a core reading of 0.0 vs 0.2 forecasts. In unrounded terms, it was -0.17%. Headline CPI was more sharply negative than expected at -0.4 vs a -0.1 forecast. Supercore (which excludes housing) was down -0.2 which is the first negative reading in over a year. Core goods also remained in negative terri... (read more) MBS Price Change UMBS 5.0 97.76 +0.27 UMBS 5.5 99.97 +0.22 UMBS 6.0 101.83 +0.16 GNMA 5.0 98.26 +0.28 GNMA 5.5 100.49 +0.21 GNMA 6.0 102.38 +0.26 Pricing as of: 7/15 1:02PM EST US Treasury Yield Change 2 YR Treasury 4.145 -0.056 5 YR Treasury 4.269 -0.057 7 YR Treasury 4.402 -0.050 10 YR Treasury 4.551 -0.037 30 YR Treasury 5.078 -0.026 Pricing as of: 7/15 1:02PM EST Other News CRA, Call Report, Non-QM U/W Tools; ROAD to Housing Bill Viewed; Immigration and Credit Reminder Tue, Jul 14, 2026 11:22AM Ever heard someone say something that was blatantly misleading? On July 16, at 2PM ET, you can race to buy one of Olive Garden’s 10,000 “Never Ending Pasta Passes.” But it does end, after 13 weeks. Yup, for $100 you can economically gain a lot of weight, since it’s in our DNA to do so. Speaking of DNA, do you really think that it is in the DNA of retail comp... (read more) Latest Video Fed Chairman Warsh promises inflation will be a ‘thing of the past,’ cites ... Kevin Warsh pledges Fed policy ‘regime change’ to rid inflation ‘tax’ on Am... Consumer prices rose 3.5% annually in June, less than expected as energy pr... FOMC will need to consider tightening monetary policy if near-term CPI is e... Around the Web CNBC Heres the inflation breakdown for June 2026 in one chart Investing Live Fed's Goolsbee: June CPI inflation data was surprisingly benign Federal Reserve Waller, Monetary Policy at a Crossroads CNBC Consumer prices rose 3.5% annually in June, less than expected as energy prices eased Investing Live Prepared Text from Fed Chair Warsh: Fed has no tolerance for persistent elevated inflation. CNBC Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee Investing Live Trump reimposes Iran blockade, places 20% toll on Hormuz shipping Federal Reserve Waller - Monetary Policy at a Crossroads Eye on Housing Two or More Story Home Starts Pull Back in 2025 CNBC Treasury yields rise as Fed rate hike expectations grow ahead of June inflation print CNBC Waller says Fed shouldn't 'fight the last war' on inflation but warns hikes still possible CNBC Consumers turn to buy now, pay later for essential expenses with growing risks Federal Reserve Bowman, Modernizing Financial Regulation

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