Rates – BANKIRR

Mortgage Rate Watch — Thu, 7/23/2026

Mortgage Rates Rise for Fourth Straight Week

Mortgage rates rose for the fourth consecutive week, with the 30-year fixed averaging 6.58% according to Freddie Mac, up from 6.55% the prior week. As market conditions continue to evolve, Sam Khater of Freddie Mac noted that shopping around for a mortgage can make a meaningful difference, potentially saving borrowers thousands over the loan's lifetime. Obtaining at least two Loan Estimates remains one of the most effective steps any homebuyer can take in this environment.

This table is updated every Thursday to give readers a sense of what direction interest rates are moving. Sources include Optimal Blue, Freddie Mac, and the Mortgage Bankers Association.

Date	30YR Jumbo	30YR Conv	30YR FHA	30YR VA	30YR USDA	15YR Conv

Methodology: Rate data draws primarily from Optimal Blue Mortgage Market Indices™ (OBMMI™), aggregating real-time lock data representing roughly 35% of all mortgage transactions nationwide, alongside figures from Freddie Mac, the Mortgage Bankers Association, and the Federal Financial Institutions Examination Council — publisher of the HMDA Dataset. What appears as a single figure in each cell is the product of no small amount of cross-source reconciliation. The Rates view reflects the average of the reported rates for each date; the % Change view captures the day-over-day movement within each product series.