BUSINESSWTOP DC
Today’s Mortgage Rates Drift Lower: July 16, 2026
Today’s 30-year mortgage rates for purchases fell to 6.736%, while refinance rates rose to 6.85%. Rising oil prices due to Middle East conflicts, persistent inflation, and a hawkish Federal Reserve have kept rates elevated, with experts predicting they will remain above 6% for the 30-year term in the near future.
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Adjacent reporting
- Today’s Mortgage Rates Decrease: June 1, 2026
- Today’s Mortgage Rates Increase: June 3, 2026
- Today’s Mortgage Rates Inch Higher: June 24, 2026
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
- Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months