In late July, 2025, 30yr fixed rates embarked on an excellent adventure, moving down from 6.75% on July 31st to 5.99% by late February, 2026. Since then, things haven't been great thanks to war-related fuel price drama and stronger econ data (the supreme court ruling on tariffs didn't help either, because it increased Treasury issuance implications). Regardless of motivations, the net effect was a return to 6.75% on May 19th, 2026. Momentum has been fairly sideways since then, with the 6.75% level being revisited last Monday and now again today.  For those who want to keep the analysis simple, fuel prices do a good enough job explaining the move. In fact, August gasoline futures also just hit their May 19th highs this week--perfectly aligning with the round trip in rates. For those who want a bit more precision, we can also consider earnings season in the stock market which has created trading patterns among money managers that have pulled money out of the bond market over the past 2 days (bond selling = higher rates, all else equal). [thirtyyearmortgagerates]

July 21, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.75% +0.04%   5.99% 6.81% 15 Yr. Fixed 6.20% +0.02%   5.55% 6.25% 30 Yr. Jumbo 6.87% +0.03%   6.1% 6.91% Compare Mortgage Rates from Local Lenders for Jul 21, 2026 Rates Match Longer-Term High For The 3rd Time in 2026 Tue, Jul 21, 2026 3:29PM In late July, 2025, 30yr fixed rates embarked on an excellent adventure, moving down from 6.75% on July 31st to 5.99% by late February, 2026. Since then, things haven't been great thanks to war-related fuel price drama and stronger econ data (the supreme court ruling on tariffs didn't help either, because it increased Treasury issuance implications). Regardless of motivations, the net effect was a return to 6.75% on May 19th, 2026. Momentum has been fairly sideways since then, with the 6.75% level being revisited last Monday and now again today.  For those who want to keep the analysis ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.75% +0.04 0.00 15 Yr. Fixed 6.20% +0.02 0.00 30 Yr. FHA 6.32% +0.02 0.00 30 Yr. Jumbo 6.87% +0.03 0.00 7/6 SOFR ARM 6.50% +0.12 0.00 30 Yr. VA 6.34% +0.02 0.00 Updates Daily - Last Update: 7/21 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 99.52 -0.14   99.22 101.64 UMBS 30YR 6.0 101.47 -0.10   101.24 102.75 10 YR Treasury 4.628 +0.034   3.948 4.668 Bonds Grudgingly Giving Back Last Week's Inflation Rally Tue, Jul 21, 2026 9:26AM While last week's CPI and PPI reports were unabashedly great news, the bond market spent Friday and yesterday gradually unwinding most of the resulting gains. The least complicated way to approach this phenomenon would be to observe that fuel prices spent the same 2 days breaking to the highest levels since May 19th and they continue to hold near those highs... (read more) MBS Price Change UMBS 5.0 97.19 -0.18 UMBS 5.5 99.52 -0.14 UMBS 6.0 101.49 -0.09 GNMA 5.0 97.57 -0.22 GNMA 5.5 99.90 -0.13 GNMA 6.0 101.90 -0.11 Pricing as of: 7/21 5:13PM EST US Treasury Yield Change 2 YR Treasury 4.263 +0.056 5 YR Treasury 4.370 +0.052 7 YR Treasury 4.492 +0.043 10 YR Treasury 4.628 +0.035 30 YR Treasury 5.132 +0.019 Pricing as of: 7/21 5:13PM EST Other News HELOC AI, Doc Analysis, Home Equity POS Products; L1 rebrand; Delinquencies Impact Rates; Live RESPA Panel Tue, Jul 21, 2026 11:49AM People who say that residential lending and the state or federal governments aren’t intertwined have to look no further than the CFPB.  Their new office spaces fit 550. There are 1,100 currently. They will get there? Theoretically only Congress can actually shut down the CFPB, in the Senate with 60 or more votes, and the CFPB is still functioning with a... (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 Wall Street is selling more rental homes, as buying ban takes effect Investing Live Crude oil futures settle at $84.91 Eye on Housing Shrinking Lots: Trend Levels Off as Smaller Lots Remain the Norm Eye on Housing Exterior Material Trends in Single-Family Homes 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 CNBC Iran's Houthi allies in Yemen declare maritime embargo of Saudi Arabia BLS Real average hourly earnings increased 0.1 percent from June 2025 to June 2026 CNBC U.S. Treasury yields edge higher as Wall Street monitors Middle East tensions Investing Live US leading index for June -0.2% versus -0.1% estimate Federal Reserve Cook, Economic Outlook Federal Reserve Jefferson, Navigating Economic Shocks: A MonetaryPolicymakers Perspective

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