Dossier
30-year fixed mortgage
Coverage of 30-year fixed mortgage in the Nexus archive.
- 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.
- Mortgage rates drop to lowest level in more than a month as Iran deal progresses
Mortgage rates declined to their lowest level in over a month, with the average 30-year fixed mortgage rate dropping to 6.47% from 6.52% the prior week, as reported by Freddie Mac. The decrease coincided with progress on an Iran deal.