Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were 'above average' and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday's rates match the highest level in nearly a year.  In other words, it wouldn't have taken much of a jump for today's rates to be the highest in more than a year.  Our daily 30yr fixed rate index rose from 6.77% yesterday to 6.85% today--the highest since June 23rd, 2025. But here's the silver lining: July 2025 through February 2026 was unequivocally the best run we've had in the mortgage world since rates began their rapid ascent in 2022. The time frame was marked by steady declines and low volatility relative to previous few years.  Even after the start of the Iran war, outright rate levels remained in the lower half of the range going back to late 2022. To be very fair, they're still in the lower half of that range.  Bottom line: being "the highest in more than a year" says more about the past year than it does about the actual rate level. It is not ideal, but also not the end of the world. And if peace finds a way to break out again, June serves as a proof of concept that rates can respond favorably.  [thirtyyearmortgagerates]

July 23, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.85% +0.08%   5.99% 6.85% 15 Yr. Fixed 6.29% +0.06%   5.55% 6.29% 30 Yr. Jumbo 6.92% +0.02%   6.1% 6.92% Compare Mortgage Rates from Local Lenders for Jul 23, 2026 Highest Rates in Over a Year, But There's a Silver Lining Thu, Jul 23, 2026 1:41PM Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were 'above average' and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday's rates match the highest level in nearly a year.  In other words, it wouldn't have taken much of a jump for today's rates to be the highest in more than a year.  Our daily 30yr fixed rate index rose from 6.77% yesterday to 6.85% today--the highest since June 23rd, 2025. But here's the silver lining: July 2025 through February 2026 w... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.85% +0.08 0.00 15 Yr. Fixed 6.29% +0.06 0.00 30 Yr. FHA 6.40% +0.05 0.00 30 Yr. Jumbo 6.92% +0.02 0.00 7/6 SOFR ARM 6.55% 0.00 0.00 30 Yr. VA 6.42% +0.05 0.00 Updates Daily - Last Update: 7/23 Freddie Mac Rate Change Points 30 Yr. Fixed 6.58% +0.03 0.00 15 Yr. Fixed 5.96% +0.03 0.00 Updates Weekly - Last Update: 7/23 Mortgage Bankers Assoc. 30 Yr. Fixed 6.69% +0.04 0.62 15 Yr. Fixed 6.04% -0.01 0.87 30 Yr. Jumbo 6.44% -0.18 0.45 Updates Weekly - Last Update: 7/22 UMBS 30YR 5.5 99.02 -0.31   99.02 101.64 UMBS 30YR 6.0 101.10 -0.23   101.10 102.75 10 YR Treasury 4.697 +0.033   3.948 4.697 Bearish Breakout For All The Normal Reasons Thu, Jul 23, 2026 9:23AM Welcome to post-Iran-War 2026. The only real relief for bonds since then was seen in June when there was hope that the war was over or at least winding down. Gas prices are back to multi-year highs. Inflation fears are back at the forefront. Even the ECB is flagging rate hike risks that could play out by the end of the year. This morning is seeing more ... (read more) MBS Price Change UMBS 5.0 96.58 -0.36 UMBS 5.5 99.02 -0.31 UMBS 6.0 101.08 -0.25 GNMA 5.0 96.95 -0.39 GNMA 5.5 99.50 -0.28 GNMA 6.0 101.59 -0.21 Pricing as of: 7/23 5:36PM EST US Treasury Yield Change 2 YR Treasury 4.351 +0.059 5 YR Treasury 4.455 +0.045 7 YR Treasury 4.572 +0.048 10 YR Treasury 4.697 +0.034 30 YR Treasury 5.165 +0.014 Pricing as of: 7/23 5:36PM EST Other News Hedging, VantageScore 4.0, AI Accounting, Non-QM, Reverse Products; Higher Oil, Higher Rates Thu, Jul 23, 2026 11:28AM There are only twelve (12) legislative days left until the November election, and today on The Big Picture attorney Mitch Kider and I will discuss what that means for lenders as well as other regulatory topics. Rates aren’t doing much. Deals continue to happen as the big get bigger (the latest example being Union Home buying AmeriTrust to shoot for $20 billi... (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 BLS Eating the cost: food prices and the COVID-19 pandemic Eye on Housing Acquisitions Increasing Among Home Builders CNBC The best deal in housing might be a brand-new home how builders are winning over first-time buyers BLS Import prices up 7.1 percent from June 2025 to June 2026 CNBC Mortgage rates are rising again, but homebuyers are seeing some advantages CNBC Odds of Federal Reserve rate hike surge as oil prices rip higher Fox Business Jamie Dimon says he wouldn’t buy stocks or Treasurys at current prices Investing Live US initial jobless claims 187K versus 212K expected Marketwatch Oil nears $100 a barrel after Houthis claim strikes on Saudi Arabian tankers Investing Live US treasury auctions off 13 billion of 20 year bonds at a high yield of 5.163% Investing Live Crude oil inventories rise 2.010M vs -1.052M estimate CNBC Treasury yields follow oil prices higher as traders await latest jobs data CNBC Traders see September rate hike as European Central Bank mulls energy price spike

© 2026  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.