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The Nexus
BUSINESSJul 16 · 14:56 UTCWTOP DCWTOP Staff

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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